Kandji, a California-based next-generation platform built to centrally safeguard and manage different Apple devices like iPad, iPhone and Mac, has raised US$ 100 million in a Series C funding round led by Tiger Global Management on 18 November 2021.
Investors: The latest investment round featured Tiger Global Management as the lead investor with participation from SVB Capital, Okta Ventures, Greycroft, Frontline Ventures, First Round Capital, Felicis Ventures, B Capital Group and many others. The startup has managed to raise, in total, US$ 188.5 million to date.
Purpose of the funding: The startup seeks to deploy the proceeds from the investment round towards further developing its product and services, opening an office in London and increasing its international recruiting.
About Kandji
Brought to existence in 2018 by Adam Pettit, Mark Daughters and Wesley Pettit, Kandji’s device management platform accommodates expanding enterprises and growing regulatory demands. Recently, the firm also declared the release of Kandji Passport and Kandji Liftoff. Passport is an authentication offering that delivers a flawless, one-password sign-in experience for customers. Liftoff offers a sophisticated setup experience and revolutionises a newly unlocked Mac into a business-ready computer with the correct settings, applications and security controls in order. Kandji has witnessed a growth in its year-over-year revenue by 700%. It serves more than 1,000 corporations in over 40 worldwide domains.
What the Founder has to say: “Today, it has become crucial for businesses to effectively protect and manage their working staffs’ gadgets within our ‘working remotely’ reality. We are also seeing security and IT amalgamate as 53% of CISOs have to fulfil various IT duties, a growth of 39% in only two years. Kandji’s zero-touch offering, with one-click compliance templates, app patching and alerts, provides world-class security. At the same time, the working staff praise an individualised experience.”- Adam Pettit, Co-Founder and CEO of Kandji.
What the Investor has to say: “Working remotely from one’s home has been embraced as the future of work. Kandji assists enterprises in offering a seamless and elegant experience for remotely-working employees while ensuring security throughout the organisation. IT admins have the power to manage, secure effortlessly, and authenticate employee devices, enabling team members to operate tension free from anywhere. We are extremely positive about Kandji’s constant future growth and exhilarated to assist them in their success financially.”- John Curtius, Partner at Tiger Global Management.
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