Kandji announces $100M Series D round to continue Apple endpoint management expansion in the enterprise
Kandji, a leading Apple endpoint management and security platform, has recently announced that it has secured $100 million in funding from General Catalyst, a renowned venture capital firm. This investment marks the company’s Series D round and brings Kandji’s valuation to an impressive $850 million.
The funding will be used in two parts. Firstly, $50 million will be allocated to equity financing for the Series D round, which will enable Kandji to further develop its cutting-edge technology and expand its offerings in the Apple endpoint management space. The remaining $50 million will be utilized for go-to-market expansion and investment, allowing Kandji to broaden its reach and better serve its growing customer base.
As part of the investment deal, Deep Nishar, a Managing Director at General Catalyst, will join Kandji’s Board of Directors. Nishar brings a wealth of experience and expertise in the technology industry, having previously held leadership roles at Google and Twitter. His involvement will undoubtedly help Kandji navigate the complex landscape of Apple endpoint management and security, and provide valuable insights to drive the company’s continued growth and success.
Kandji’s latest fundraising round is a testament to the growing demand for robust Apple endpoint management solutions in the enterprise sector. As more businesses adopt Mac and iOS devices, the need for effective security and management tools has become increasingly important. Kandji’s platform offers a comprehensive solution that not only provides advanced security features but also streamlines deployment, management, and support for Apple devices in the workplace.
Founded in 2015, Kandji has rapidly established itself as a leader in the Apple endpoint management space. Its innovative approach to security and management has earned the company numerous accolades, including being named a “Cool Vendor” by Gartner in 2020. With this latest investment, Kandji is poised to further solidify its position as a go-to solution provider for enterprises looking to maximize their Apple device deployments.
In a statement, Adam Pettit, co-founder and CEO of Kandji, expressed his excitement about the investment and what it means for the company’s future. “We are thrilled to have General Catalyst on board as an investor and look forward to leveraging their expertise and resources to further accelerate our growth,” he said. “This funding will enable us to continue delivering innovative solutions that meet the evolving needs of our customers, while also expanding our reach into new markets.”
The investment from General Catalyst is a significant vote of confidence in Kandji’s vision and strategy. It underscores the growing importance of Apple endpoint management and security in the enterprise sector and highlights Kandji’s role as a trailblazer in this space. With this latest funding, the company is well-positioned to continue driving innovation and growth in the years to come.