Kandji's $100 Million Funding Injection Elevates Apple Endpoint Management Solutions

July 18, 2024, 3:36 pm
Kandji
Kandji
ComputerEnterpriseHardwareITManagementMobilePlatformProviderSecuritySoftware
Location: United States, California, San Diego
Employees: 201-500
Founded date: 2018
Total raised: $284.4M
In a significant development, Kandji, a tech company hailing from the bustling tech hub of San Francisco, has recently secured a substantial $100 million in funding. This funding round has propelled the company's valuation to an impressive $850 million, marking a significant milestone in its growth trajectory. The investment, spearheaded by General Catalyst, is poised to catalyze Kandji's efforts in enhancing its Apple endpoint management and security platform.

Kandji's platform is designed to revolutionize the way companies manage and secure their Apple devices within the enterprise ecosystem. By offering a comprehensive suite of tools and features, such as one-click compliance templates and a robust library of over 150 pre-built automations, Kandji empowers IT and InfoSec teams to streamline their operations and bolster security measures.

The company's CEO, Adam Pettit, has been at the helm of Kandji's operations, driving innovation and engineering advancements to meet the evolving needs of enterprise customers. With a focus on product innovation and engineering, the newly acquired funds will enable Kandji to further enhance its integrated platform, providing cutting-edge solutions for managing and securing Apple devices at scale.

Kandji's growth trajectory has been nothing short of remarkable, with a staggering 600% increase in annual recurring revenue and a fourfold surge in customer acquisition across a diverse range of industries. Notable clients, including Allbirds, Canva, and Notion, have entrusted Kandji with their device management and security needs, underscoring the company's reputation as a trusted partner in the tech landscape.

General Catalyst's Deep Nishar, who played a pivotal role in the funding round, expressed enthusiasm about the partnership with Kandji. Nishar lauded Kandji's innovative approach to Apple endpoint management, citing the company's ability to deliver sophisticated solutions that add tangible value to customers. The infusion of $100 million in funding represents a vote of confidence in Kandji's vision and capabilities, setting the stage for a promising future ahead.

With this latest funding round, Kandji's total raised amount now stands at an impressive $288 million, solidifying its position as a key player in the realm of Apple endpoint management solutions. As Kandji continues to push the boundaries of innovation and excellence, the tech world eagerly anticipates the transformative impact the company will have on the landscape of enterprise device management and security.