NinjaOne, an IT management platform based in Austin, Texas, has secured $500 million in funding led by Iconiq Growth and CapitalG. This latest round of financing, categorized as Series C extensions, has propelled the company's valuation to $5 billion, a substantial increase from $1.9 billion following its Series C round in February 2024. The funding aims to enhance NinjaOne's capabilities in endpoint management, security, and monitoring, reflecting a growing demand for efficient IT solutions.
Endpoint management startup NinjaOne raises $500M at $5B valuation https://t.co/E77E8wfvF2
NinjaOne is announcing $500 million in fresh funding led by Iconiq Growth and CapitalG at a whopping $5 billion valuation, Fortune can exclusively report. https://t.co/jJg1XOeTNp
Austin, Texas-based @ninjaone, which provides endpoint management, security and monitoring, raised $500M in Series C extensions at a $5B valuation — more than doubling its value from just 12 months ago. https://t.co/aMzEsTdpm9