NinjaOne, an Austin, Texas-based IT platform for endpoint management, security, and visibility, has secured $231.5 million in Series C funding, values the company at $1.9 billion.
SaaS Investors
The round was led by ICONIQ Growth, with notable investors including Frank Slootman, Chairman and CEO of Snowflake, and Amit Agarwal, President of Datadog.
ICONIQ Growth is a tech-focused direct investment effort that is affiliated with ICONIQ Capital. The firm seeks to invest in the SaaS, TMT, financial services, information technology, healthcare, and consumer products and services sectors. Founded in 2013 and based in San Francisco, CA.
NinjaOne Use of Funds
The financing will fuel NinjaOne's commitment to customer success by quadrupling customer support, investing in platform and product innovation, and scaling the business to meet customer needs.
About NinjaOne
NinjaOne is an independent cloud-based remote monitoring and endpoint monitoring solution available to MSPs and IT departments. NinjaOne automates endpoint management for more than 17,000 customers who need visibility, security, and control. It supports customers in more than 80 countries, including Hello Fresh, Network Coverage, Nissan, Nvidia, Pabst Brewing Company, Prime Care Technologies, the State of California, and the University of Oxford. NinjaOne offers unlimited and free onboarding, training, and support to every customer, no matter how big or small.
Funding Details
Company: NinjaOne, LLC.
Raised: $231.5M
Round: Series C
Funding Month: February 2024
Lead Investors: ICONIQ Growth
Additional Investors: Frank Slootman, Amit Agarwal
Company Website: https://www.ninjaone.com/
Software Category: IT Management Solution
Source: https://www.ninjaone.com/press/ninjaone-secures-231-5m-series-c-funding-led-by-iconiq-growth/