NinjaOne, an Austin, Texas-based automated endpoint management platform, has raised $500 million in Series C extensions at a $5 billion valuation.
Investors
The round was led by ICONIQ Growth and CapitalG, Alphabet's independent investment fund, with contributions from other notable private investors.
ICONIQ Growth is the venture and growth investment arm of ICONIQ Capital, a San Francisco-based investment firm. Established in 2013, ICONIQ Growth partners with visionary entrepreneurs to support companies through early growth stages and beyond, including IPOs. ICONIQ backs innovative businesses in enterprise software, fintech, and consumer technology.
CapitalG is Alphabet Inc.'s independent growth fund, established in 2013. The firm invests in growth-stage technology companies in enterprise infrastructure, security, data, fintech, and consumer services sectors. Beyond providing capital, CapitalG offers portfolio companies access to Google's expertise, resources, and culture to support their growth and development.
NinjaOne Use of Funds
The company will use the funds to fuel innovation, global expansion and customer success. The funding will fuel R&D in autonomous endpoint management, patching, and security while enhancing IT solutions and customer support, and facilitating the acquisition of Dropsuite.
About NinjaOne
Founded by Sal Sferlazza and Chris Matarese, NinjaOne provides an automated endpoint management platform designed to help IT teams manage, monitor, and secure devices across organizations. The cloud-native NinjaOne platform automates endpoint management, patching, and visibility at any scale. It includes tools for patch management, remote monitoring and management (RMM), IT automation, endpoint security, and backup solutions. NinjaOne serves over 24,000 customers in 120+ countries, including major companies like Nvidia, Lyft, Cintas, Vimeo, HelloFresh, The King’s Trust, and Porsche.
Funding Details
Company: NinjaOne, Inc.
Raised: $500.0M
Round: Series C Extensions
Funding Date: February 2025
Lead Investors: ICONIQ Growth, CapitalG
Additional Investors:
Company Website: https://www.ninjaone.com/
Software Category: Endpoint Management, IT Automation
Source: https://www.businesswire.com/news/home/20250224242763/en/