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NinjaOne Inks $231.5M Series C Round

AUSTIN, TX, NinjaOne, a leading IT platform for endpoint management, security, and visibility, today announced it raised a $231.5 million Series C funding round.
The Series C round was led by ICONIQ Growth. Frank Slootman, Chairman and CEO of Snowflake; and Amit Agarwal, President of Datadog; among others also invested in the round. With this financing, ICONIQ Growth General Partner Roy Luo has joined NinjaOne's board of directors. NinjaOne is a founder-led business that has accelerated every year since its first customer, evidenced by a 70+ percent ARR growth rate in 2023. This minority investment valued the company at $1.9 billion.

NinjaOne automates the hardest parts of IT, empowering more than 17,000 IT teams with visibility, security, and control over all endpoints. The NinjaOne platform is proven to increase productivity, while reducing risk and IT costs. NinjaOne is consistently ranked #1 for its world-class support and is the top-rated software on G2 in seven categories including endpoint management, remote monitoring and management, and patch management.
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