With the $ 100M Series C, Apple Progressive Kandji is the Enterprise

Apple’s next application application and security solution, that is Kandji has announced that since the launch of the company’s Series A funding a year ago, it has raised $ 100 million in Series C funding almost 10x in value. With participation from Construction, Future Traders, and existing investors in the First Round Capital, Greycroft, Felicis Ventures, The Spruce House Partnership, B Capital Group, SVB Capital, and Okta Ventures, this new round is led by Tiger Global.

Today’s budget, the third largest corporate investment since last year, brought Kandji’s total revenue to $ 188.5 million. Kandji will use the funds to further develop its business partners, increase global hiring, and open a London office.

“The future of the industry is remote and hybrid. Kandji helps businesses provide a beautiful, endless experience for remote employees while raising the bar for security throughout the company, ”said John Curtius, Partner, Tiger Global. “IT managers can easily secure, secure, and manage staff, allowing team members to work from anywhere, without worry. We look forward to seeing Kandji’s company continue to grow, and we are excited to invest in their success. ”

As more companies acquire remote or hybrid services, their IT teams work part-time to support, manage and protect all employees ’devices. According to a global survey commissioned by Kandji, 95% of IT professionals report that remote device management is challenging. Respondents listed remote troubleshooting, boarding, and security as top challenges. The survey also found that 70% of companies more than doubled the number of remote employees or hybrid employees in the last two years, while 76% of respondents reported employee use of Apple devices also increased same time.

“It is important that companies effectively manage and protect their employees within the‘ work from anywhere ’reality,” said Adam Pettit, CEO and co-founder, Kandji. “We are also seeing IT and security integration – 53% of CISOs now have IT responsibilities, an increase of 39% from 2019. The Kandji river touch solution, including app patching, alarms, and one-click compliance models , introduces world class. security while staff appreciate personal experience out of the box. ”

Kandji is also jumping-start his European expansion, opening a new London office. The focus will be on in-market hiring, with the recently-appointed General Manager, EMEA. As Apple continues to grow both in the industry and throughout EMEA, Kandji will face a real market demand in the region. Over the next year, the company plans to hire an additional 50 community members and invest at least $ 100M over the next five years. The new London Group will provide local support to existing customers and partners across Europe. Also, customers in the EU area will be able to use Kandji’s new European data center in Frankfurt.

Kandji’s new cash flow follows the company’s continued growth and customer growth during 2021, with a 700% increase in annual revenue over the year. More than 1,000 companies in more than 40 companies use Kandji to deploy, secure, and manage Apple devices among distributed employees. Clients include Allbirds, Listener, Belkin, Lacework, Monzo, Noom, Rackspace, Remitly, and Side.

The company also recently announced Kandji Liftoff and Kandji Passport. Liftoff introduces an immersive configuration experience and this new packaged Mac into a ready-made computer with the right tools, programs, and security controls in the world. Passport is an authentication product that provides a secure, one-on-one password access experience for users.

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