Comments
US private equity firm KKR & Co said on Tuesday that it led a group investing $20 million in US cloud services provider Jitterbit Inc. Founded in 2004, Jitterbit runs a cloud integration platform that helps companies connect their data, applications and devices. Its clients include media company Time Warner and the maker of Jim Beam bourbon whisky. The investment will allow Jitterbit to double its headcount to more than 200 in the next 12 to 18 months, said George Gallegos, Chief Executive of Jitterbit. The exact size of KKR’s investment in Jitterbit, which is based in California, was not disclosed.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.