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Nerdio Secures $500 Million in Series C Investment from General Atlantic at $1 Billion+ Valuation

GlobeNewswire LogoGlobeNewswire1d ago

Nerdio Secures $500 Million in Series C Investment from General Atlantic at $1 Billion+ Valuation - GlobeNewswire

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The new funding will help drive innovation and growth across several strategic areas: Accelerating product innovation for the End-User Computing (EUC) market and Managed Service Providers (MSPs), including enhanced Windows 365, Azure Virtual Desktop, and Microsoft 365 management solutions to simplify IT operations and boost efficiencyExpanding Nerdio’s global presence to serve growing international demandAugmenting its engineering and customer success teams to support rapid customer growth "Nerdio is enabling the transition of virtualization to the cloud and is delivering immediate and measurable value to organizations struggling with cloud complexity,” said Aaron Goldman, Managing Director and Head of Enterprise Technology at General Atlantic.

Transforming IT Management for the $60B Desktop-as-a-Service Market Through Microsoft Cloud AutomationChicago, March 18, 2025 (GLOBE NEWSWIRE) -- Nerdio, the automated End-User Computing (EUC) platform transforming how organizations deploy and manage Microsoft cloud technologies, today announced it has signed a definitive agreement for a $500 million minority investment from General Atlantic, a leading global growth investor, with participation from Lead Edge Capital and StepStone.

"The team’s ability to combine technical innovation with ease of use has resulted in remarkable customer loyalty and growth.” Asher Hecht, Principal at General Atlantic, added, "We’re excited to support Nerdio’s vision of making advanced cloud workspace technology accessible to all organizations.”As part of the investment, General Atlantic will take two seats on Nerdio's board, with Aaron Goldman and Asher Hecht representing the firm.J.P.

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Article Details

Author / Journalist: Nerdio

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 14:54:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27152047

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News Last Updated: 8 hours ago

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Publisher ID: #116

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