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NinjaOne Secures $231.5M Series C Funding Led by ICONIQ Growth

Feb 06, 2024•almost 2 years ago

Amount Raised

$232 Million

AustinSoftware

Investors

Amit AgarwalFrank SlootmanIconiq Growth

Description

NinjaOne announced a $231.5 million Series C funding round led by ICONIQ Growth, with participation from Frank Slootman, Chairman and CEO of Snowflake, and Amit Agarwal, President of Datadog, among others. This financing valued the company at $1.9 billion and will be used to quadruple down on customer support, heavily invest in platform and product innovation, and ensure the business can scale to meet customers’ needs.

Company Information

Company

NinjaOne

Location

Austin, Texas, United States

About

NinjaOne, the automated endpoint management platform, delivers visibility, security, and control over all endpoints for more than 24,000 customers in 130+ countries.  

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech