NerdiaA platform designed to simplify as companies deploy and manage Microsoft Cloud Technologies, earned $ 500 million in a C -Roundondo series.
Chicago’s starter says that its assessment has now quadrupled since its B-round series two years ago, and is now firmly in a unicorn territory-though the company would not reveal a specific assessment.
“We do not reveal the specific assessment, but it is north of $ 1 billion,” Joseph Landes, General Revenue of Nerdia, told Techcrunch by email.
Nerdia tore from a “IT-as-service” company called Adar back in 2020, with Adar falling under private equity ownership and nerdio Forging a road As a dedicated cloud management service provider for customers, which include PayPal, Sony, and Comcast.
Nerdia aims to companies looking to optimize their cloud infrastructure deployments and costs. With Nedio Manager for EnterpriseThe company helps companies manage Azura Virtual Desktop of Microsoft and Windows applications through their workforce. It automates many of the tasks related to cloud infrastructure and virtual desktop management, such as user supply, application deployment, and also provides costs optimum functions such as automatic scale resources to match demand.
Virtual desktops, for the uninitiated, are computer environments that work on remote servers instead of physical computers, allowing users to access all their programs, files and settings on any device via the Internet. Nerdia presents a more modern cloud-native approach to traditional hereditary players Like Citrixwhich began before the Cloud Computer Revolution took away.
This is particularly important at a time when millions of people have embraced distant and hybrid work environments, as they can safely access all their work from wherever they are.
“Managing cloud environments is complex and expensive – it usually requires many specialized technical competencies and a mix of expensive tools,” Landes said. “Nerdia provides a single, comprehensive platform that allows organizations to manage their Microsoft Cloud environments without the need for extra capabilities, tools or workflows.”
Before now, Nerdia raised about $ 8 million a series A -Circle in 2020, followed by A $ 117 million series B tranche three years later. For its latest money injection of $ 500 million, Nerdia introduced a US growth equity company General Atlantic along with Lead Edge Capital and Step, which acquired a minority participation in the company.
Nerdia would not confirm what the possessive percentages are through their investors’ exchange, but it was said that the founders “maintain a major involvement in the company.”
Nerdia says it plans to use its investment to improve its product list through key Microsoft services including Azure Virtual Desktop, Windows 365 and Microsoft 365.
“We plan to grow that number significantly as we scale our global presence and build customer support and engineering teams,” Landes said.
