Today: Jun 23, 2024

NinjaOne’s Series C funding soars to $231.5m, securing endpoint security.

1 min read

NinjaOne, a leading player in the IT management sector, has raised $231.5m in its Series C funding round. The funding was led by ICONIQ Growth and included participation from notable investors such as Frank Slootman, CEO of Snowflake, and Amit Agarwal, President of Datadog. This investment will help NinjaOne enhance its customer support and drive product innovation. The company is focused on automating endpoint management for businesses looking to improve their visibility, security, and control over their IT environments. NinjaOne currently manages over seven million endpoints and serves clients such as Hello Fresh, Nissan, and the University of Oxford.

The funding will support initiatives aimed at customer success and support, product innovation, and scalable growth. The investment will enable NinjaOne to address the increasing risks and opportunities associated with the rise of remote work and hybrid work models. NinjaOne plans to partner with ICONIQ Growth to fuel its customers’ success in this evolving landscape. The company’s co-founder, Sal Sferlazza, expressed excitement about the investment and the opportunity to further support NinjaOne’s customers.