Kandji Raises $100M in Capital to Further Accelerate Growth
17 Julio 2024 - 6:00AM
Kandji, the Apple endpoint management and security platform, today
has raised $100 million in capital from General Catalyst, with $50
million allocated to equity financing for its Series D, and $50
million for go-to-market investment. This latest round brings
Kandji’s valuation to $850 million. Deep Nishar from General
Catalyst will join the company’s Board of Directors.
Kandji will use the equity financing to support investment in
product innovation and engineering, enabling Kandji to bring
further advancements to its integrated platform for the
comprehensive management and security of enterprise Apple devices.
The investment from General Catalyst’s Customer Value strategy will
be used to accelerate growth and scale investments in sales and
marketing.
“In our view, Kandji brings a unique combination of innovative
solutions and fiscal value to their customers with their
sophisticated approach to Apple endpoint management and security,”
said Deep Nishar, General Catalyst Managing Partner. “We believe
Kandji has a truly differentiated approach, and we are excited to
embark on this long-term partnership with Adam and team.”
“Delivering value to customers has been our north star since
founding Kandji in 2018, and we’ve realized this vision by building
products that enable the comprehensive endpoint management and
security of Apple devices in the enterprise,” said Adam Pettit, CEO
and co-founder of Kandji. “As we embark on this next phase of
growth, we remain steadfast in our mission of bringing thoughtful
automation, unparalleled customer support, and a superior
experience to admins and end users. Our future product innovation
will only continue this trajectory and further establish Kandji as
the leading integrated platform for enterprise Apple device
management and security.”
This new funding follows continued company momentum for Kandji.
Since the last funding round in 2021, the company has seen a 600%+
increase in annual recurring revenue, and its customer base has
grown nearly 4X across 40+ industries. Notable customers include
Allbirds, Canva, and Notion, and the company has partnerships with
such industry giants as ServiceNow, AWS, and Okta.
Kandji continues to bring new product innovation to the market
and recently announced advancements to its product portfolio with
Assignment Maps and Prism, both of which equip IT teams with the
automation and visibility needed to manage Apple device fleets at
scale. Kandji was also named to Forbes’ Next Billion Dollar Startup
List 2023 and recognized as a top venture-backed startup with the
potential to reach unicorn status.
For more information please visit:
https://blog.kandji.io/kandji-100-million-funding
Helpful Links
- Learn more about Kandji's Device Management
- Learn more about Kandji’s Endpoint Detection &
Response
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- Read the Kandji Blog
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About KandjiKandji is the Apple endpoint
management and security platform. Kandji empowers companies to
manage and secure Apple devices in the enterprise and at scale. By
centrally securing and managing your Mac, iPhone, iPad, and Apple
TV devices, IT and InfoSec teams can save countless hours of
manual, repetitive work with features like one-click compliance
templates and more than 150 pre-built automations, apps, and
workflows. Learn more at http://www.kandji.io.
About General Catalyst General Catalyst is a
venture capital firm that invests in powerful, positive change that
endures — for our entrepreneurs, our investors, our people, and
society. We support founders with a long-term view who challenge
the status quo, partnering with them from seed to growth stage and
beyond to build companies that withstand the test of time. With
offices in San Francisco, New York City, London, Berlin, and
Boston, the firm has helped support the growth of businesses such
as Airbnb, Deliveroo, Guild, Gusto, Hubspot, Illumio, Lemonade,
Livongo, Oscar, Samsara, Snap, Stripe, and Warby Parker. For more:
www.generalcatalyst.com.
Media ContactErica Andersonpr@kandji.io