Jumpmind, a leader in retail technology solutions, has announced that Lone View Capital, a private equity firm specializing in technology and software investments, has acquired a controlling stake in the company. This strategic investment is aimed at fueling Jumpmind’s continued growth and innovation in the rapidly evolving retail technology sector.
Launched in 2008, Jumpmind has established a strong reputation for delivering advanced, flexible solutions that enable retailers to adapt to evolving consumer expectations. The company was recently named a Leader in the Forrester Wave for Point of Service Solutions for the fourth quarter of 2024, underscoring its position as a top performer in the industry.
Its flagship product, Jumpmind Commerce, is a cloud-native, microservices-based point-of-service platform designed to unify digital and in-store shopping experiences. The platform enables retailers to streamline checkout processes, create more personalized customer interactions, and adapt quickly to new trends. It is trusted by leading retailers worldwide for its device independence, rapid deployment capabilities, and highly configurable customer journeys.
Beyond its retail commerce platform, Jumpmind also develops SymmetricDS and Metl, two enterprise-grade tools that provide real-time data integration and synchronization. These solutions are used across multiple industries to ensure that critical operations remain uninterrupted, even in complex and high-demand environments.
With Lone View Capital’s investment, Jumpmind is positioned to accelerate its product development, expand its market reach, and strengthen its ability to deliver innovative solutions to retailers and other industries worldwide. Importantly, the company’s leadership will remain stable, with CEO Joe Corbin continuing in his role to guide Jumpmind’s strategic direction and growth initiatives.
Advisors/counsel: ScaleView Partners served as the exclusive financial advisor to Jumpmind. Harris Williams served as financial advisor to Lone View. Massumi + Consoli served as legal counsel to Lone View.
KEY QUOTES:
“Jumpmind has established itself as a trusted partner to leading retailers across North America, Europe, and Asia, with a cloud, and hardware agnostic platform that offers a differentiated alternative to legacy systems. We are excited to partner with Joe and the Jumpmind team to build on this momentum, expand their reach, and help them grow into the next leader in retail software.”
Doug Ceto, Partner at Lone View Capital
“Lone View brings deep expertise in software and technology, along with a strong track record of scaling businesses, and we are excited to partner with them. This investment positions us to accelerate our product roadmap, deepen customer relationships, and continue delivering innovative software that transforms the retail experience.”
Joe Corbin, CEO of Jumpmind
