Nerdio, an automated end-user computing (EUC) platform, has received a $500 million Series C investment from General Atlantic, with participation from Lead Edge Capital and StepStone. The investment values Nerdio at more than $1 billion.
Nerdio rewarded for strong growth as cloud remains complex
Nerdio is a platform that works to alter how organizations deploy and manage Microsoft cloud technologies, as organizations spend millions on attempting to manage their complex cloud environments. Nerdio simplifies Microsoft cloud management by automating routine and complex processes to capitalize on existing resources and enable cost savings.
The platform allows customers to deliver better digital workspace experiences for employees while eliminating the complexity of the cloud without requiring specialized technical expertise. Nerdio serves over five million users across 15,000 customers in over 50 countries.
“The workplace has fundamentally changed, with remote and hybrid models becoming standard for organizations of all sizes,” said Vadim Vladimirskiy, co-founder and CEO of Nerdio. “Most companies struggle with the technical complexities and costs of supporting this transformation. Nerdio’s platform turns what would be months of engineering work into automated processes that any IT team can manage. We are pleased to partner with General Atlantic on the next stage of our growth journey and believe this investment will accelerate our mission to make cloud management simple and cost-effective for every organization, regardless of their technical resources.”
Funding will fuel new layers of innovation and push growth
Nerdio says this latest financing will create new avenues for growth and innovation, including plans to:
- Accelerate product innovation for the EUC market and MSPs, including enhanced Windows 365, Azure Virtual Desktop, and Microsoft 365 management solutions to simplify IT operations and boost efficiency.
- Expand Nerdio’s global presence to serve growing international demand.
- Augment engineering and customer success teams to support rapid customer growth.
“Switching from traditional virtual desktop infrastructure to Nerdio has truly been transformative for Teleperformance,” said Garion Bown, global vice president of virtualization technologies for Teleperformance. “The challenge with traditional VDI is that you still have that legacy mindset with infrastructure. With the capabilities of the cloud, you now have the ability to essentially manage your entire infrastructure, and that’s what drove me to Nerdio. The ability to– no matter where I was in the world– have a central management plane for my organization.”
According to the organization, Nerdio’s highlights over the past year include that the company:
- Scaled profitability over 85 percent year-over-year ARR growth
- Awarded the 2024 Microsoft Americas Partner of the Year award
- Helped build over $350 million in Microsoft revenue
- Launched 20 product releases, including new Microsoft 365 management capabilities for Nerdio Manager for MSP, broad endpoint management and application delivery enhancements, and AI infused into all products.
- Expanded with new offices in the EMEA and APAC regions.
“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, the managing director and head of enterprise technology at General Atlantic. “The team’s ability to combine technical innovation with ease of use has resulted in remarkable customer loyalty and growth.”
Recently, Nerdio CRO and Co-founder Joseph Landes shared his insights with Channel Insider on how MSPs can save costs while enabling SMBs with cloud tech. Read more about cloud costs and how organizations can reduce them while optimizing the cloud.