Jitterbit was founded in 2005 by Sharam Sasson. While the company officials expressed plans to hold an IPO before 2020, the company remains private as of 2023.
Jitterbit is the developer of a cloud-based app integration toolkit for businesses. The company has made a number of acquisitions, including of PrimeApps, Wevo, and eBridge. Jitterbit has raised more than $25 million in venture capital funding from investors including Salesforce, Autodesk, KKR, and Audax. The company has not disclosed valuation figures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/17/2020 | Series D | $20.5MM | $xx.xx | $161.37MM | Audax Private Equity | |
Price per Share
$xx.xx
Shares Outstanding
14,870,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Audax Private Equity
|
||||||
11/07/2017 | Series C | $25.25MM | $xx.xx | $98.54MM | KKR | |
Price per Share
$xx.xx
Shares Outstanding
25,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
KKR
|
||||||
01/26/2016 | Series B | $21.04MM | $xx.xx | $61.08MM | KKR | |
Price per Share
$xx.xx
Shares Outstanding
25,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
KKR
|
||||||
11/06/2012 | Series A | $15.33MM | $xx.xx | $43.34MM | Primera Capital, Salesforce Ventures, Autodesk | |
Price per Share
$xx.xx
Shares Outstanding
25,675,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Primera Capital, Salesforce Ventures, Autodesk
|