NinjaOne raises $400M+ for its endpoint management platform
NinjaOne Inc., a startup with a platform for managing information technology infrastructure, today announced that it has raised more than $400 million in secondary funding.
The share sale marks the second extension of a Series C round that the company first closed in 2024. NinjaOne nabbed a separate $500 million follow-on investment last February. Its latest raise included contributions from Alphabet Inc.’s CapitalG fund, Sequoia Capital, ICONIQ and other prominent investors.
NinjaOne’s platform reduces the amount of manual work involved in managing IT assets such as workstations and cloud instances. A centralized dashboard enables administrators to monitor the configuration of upwards of thousands of devices. NinjaOne can, for example, flag employee devices with unencrypted hard drives that might expose data to hackers. It also provides tools that enable IT teams to fix such configuration issues.
A second set of features built into the platform eases patch installation. Downloading an operating system update onto thousands of employee devices can be a highly time-consuming process. According to NinjaOne, its platform speeds up the task by up to 90%.
