Continued Growth and Innovation in Apple Device Management Market
San Jose, Calif. – March 17, 2023 – Kandji, the leader in Apple device management, today announced it has secured an additional $100 million in funding, bringing its total valuation to $850 million.
Investment to Fuel Growth and Product Development
This latest funding round was led by existing investors Insight Partners and Tiger Global Management, with participation from new investors Whale Rock Capital Management and M12, Microsoft’s venture fund. The investment will enable Kandji to accelerate its growth, invest in product development, and expand its market reach.
Kandji’s Market Leadership and Differentiators
Kandji is the only cloud-based Apple device management solution that offers a comprehensive set of features designed to help organizations securely manage and deploy Apple devices at scale. The platform provides IT administrators with a single pane of glass to manage all aspects of Apple device management, including:
- Device enrollment and provisioning
- Policy and configuration management
- Software distribution
- Security and compliance
- Remote support and troubleshooting
Customer Success and Growing Demand
Kandji has experienced rapid growth in recent years, with a customer base that includes Fortune 500 companies and leading educational institutions. The company’s success is attributed to its focus on customer satisfaction, innovative product offerings, and deep expertise in Apple device management.
“This latest funding round is a testament to the strength of Kandji’s business and the growing demand for our Apple device management solutions,” said Amitabh Srivastav, CEO of Kandji. “We are committed to providing our customers with the best possible experience and will continue to invest in our platform and team to meet the evolving needs of the market.”
Industry Recognition and Awards
Kandji has been recognized for its leadership in the Apple device management market by industry analysts and publications. The company has been named a Leader in the IDC MarketScape for Apple Device Management four years in a row and has received numerous awards for its innovation and customer satisfaction.
About Kandji
Kandji is the leading provider of Apple device management solutions for businesses and educational institutions. The company’s cloud-based platform provides IT administrators with a single pane of glass to manage all aspects of Apple device management, including device enrollment, policy and configuration management, software distribution, security and compliance, and remote support and troubleshooting. Kandji is headquartered in San Jose, California, and has offices in London and Sydney.
About Insight Partners
Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies. The firm has invested in more than 400 companies worldwide and has raised over $30 billion in capital commitments. Insight Partners has a track record of success in partnering with founders and management teams to build lasting and valuable businesses.
About Tiger Global Management
Tiger Global Management is an investment firm that invests in private and public companies in the global internet, software, and consumer sectors. The firm was founded in 2001 and has invested in over 500 companies worldwide. Tiger Global Management is headquartered in New York City and has offices in Beijing, Hong Kong, London, and Singapore.
About Whale Rock Capital Management
Whale Rock Capital Management is a global investment firm that invests in technology-focused private equity and venture capital opportunities. The firm was founded in 2008 and has offices in New York City and San Francisco.
About M12
M12 is Microsoft’s venture fund, investing in early-stage technology companies working to build a more intelligent, sustainable, and accessible future. The fund was founded in 2014 and has invested in over 200 companies worldwide. M12 is headquartered in Redmond, Washington.
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G. Smith
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