Nerdio, the automated Finish-Person Computing (EUC) platform remodeling how organisations deploy and handle Microsoft cloud applied sciences, has signed a definitive settlement for a $500 million minority funding from Common Atlantic, a world development investor, with participation from Lead Edge Capital and StepStone.
Upon closing, the funding will quadruple Nerdio’s valuation in simply two years to $1 billion+.
Corporations waste hundreds of thousands making an attempt to handle complicated cloud environments, counting on highly-skilled IT expertise and outdated instruments. This problem has change into more and more essential as versatile work fashions change into the norm and end-user computing requires rising sophistication. Business analysts undertaking the Desktop-as-a-Service market will exceed $60 billion by 2037, rising by 18% yearly, as organisations worldwide search extra environment friendly methods to ship safe, high-performance digital workspaces to their staff.
Nerdio solves this drawback with a platform that simplifies Microsoft cloud administration, automating each routine and sophisticated processes whereas profiting from present sources and enabling value financial savings. The platform permits organisations to ship higher digital workspace experiences for workers whereas eliminating the complexity sometimes related to cloud infrastructure – all with out requiring specialised technical experience.
The Nerdio platform serves greater than 5 million customers throughout 15,000 prospects in additional than 50 international locations, together with Chevron, Affect Networking, KraftHeinz, ASDA, Carnival Cruise Line, Willis Towers Watson and Penn State College.
Nerdio’s document over the previous yr included:
- Scaling profitably at over 85% year-over-year ARR development
- Being awarded 2024 Microsoft Americas Companion of the Yr
- Influencing greater than $350 million of Microsoft income
- Launching 20 product releases, together with new Microsoft 365 administration capabilities for Nerdio Supervisor for MSP, broad endpoint administration and utility supply enhancements, and AI infused into all merchandise
- Increasing its international presence with new places of work within the EMEA and APAC areas
“The office has essentially modified, with distant and hybrid fashions changing into normal for organisations of all sizes,” stated Vadim Vladimirskiy, co-founder and CEO of Nerdio.
“Most firms wrestle with the technical complexities and prices of supporting this transformation. Nerdio’s platform turns what could be months of engineering work into automated processes that any IT workforce can handle. We’re happy to companion with Common Atlantic on the following stage of our development journey and imagine this funding will speed up our mission to make cloud administration easy and cost-effective for each organisation, no matter their technical sources.”
“Switching from conventional digital desktop infrastructures to Nerdio has really been transformative for Teleperformance,” stated Garion Bown, international VP of virtualisation applied sciences at Teleperformance.
“The problem with conventional VDI is that you just nonetheless have that legacy mindset with infrastructure. With the capabilities of the cloud, you now have the flexibility to primarily handle your complete infrastructure, and that’s what drove me to Nerdio. The flexibility to irrespective of the place I used to be on the earth, have a central administration aircraft for my organisation.”
The brand new funding will assist drive innovation and development throughout a number of strategic areas:
- Accelerating product innovation for the Finish-Person Computing (EUC) market and Managed Service Suppliers (MSPs), together with enhanced Home windows 365, Azure Digital Desktop, and Microsoft 365 administration options to simplify IT operations and enhance effectivity
- Increasing Nerdio’s international presence to serve rising worldwide demand
- Augmenting its engineering and buyer success groups to assist fast buyer development
“Nerdio is enabling the transition of virtualisation to the cloud and is delivering rapid and measurable worth to organisations battling cloud complexity,” stated Aaron Goldman, Managing Director and Head of Enterprise Know-how at Common Atlantic. “The workforce’s means to mix technical innovation with ease of use has resulted in outstanding buyer loyalty and development.”
Asher Hecht, principal at Common Atlantic, added: “We’re excited to assist Nerdio’s imaginative and prescient of creating superior cloud workspace expertise accessible to all organisations.”
As a part of the funding, Common Atlantic will take two seats on Nerdio’s board, with Aaron Goldman and Asher Hecht representing the agency. With no debt, ongoing profitability, and a rising international footprint, Nerdio is well-positioned to scale whereas persevering with to prioritise its mission – making cloud administration accessible, cost-effective, and easy for organisations of all sizes and managed service suppliers.
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