Unified IT management solution provider NinjaOne has raised $231.5m in a Series C funding round led by ICONIQ Growth, boosting its valuation to $1.9bn.
This funding, which also includes key investors Frank Slootman, Chairman and CEO of Snowflake, and Amit Agarwal, President of Datadog, aims to enhance customer support, product innovation, and expansion.
Sal Sferlazza, CEO and Founder at NinjaOne, said: “ICONIQ Growth’s investment in NinjaOne is being used to make our customers more successful. We are quadrupling down on customer support, heavily investing in platform and product innovation to solve and automate more use cases, and ensuring the business can scale to meet our customers’ needs.”
With this new funding, ICONIQ Growth's Roy Luo has also joined NinjaOne's board.