June 9 : IT platform NinjaOne said on Tuesday it has raised more than $400 million in a funding round that valued it at $12.3 billion, at a time when investors are concerned about AI upending parts of the software industry.While the sector contends with mounting fears that rapidly evolving AI tools could encr

Austin IT-operations firm NinjaOne more than doubled its valuation to $12.3bn in a $400m+ secondary round, stacking its cap table ahead of a likely IPO.

June 9 : IT platform NinjaOne said on Tuesday it has raised more than $400 million in a funding round that valued it at $12.3 billion, at a time when investors are concerned about…