NinjaOne, a top company in endpoint management, has raised $500 million in Series C funding. This brings its total value to $5 billion. The funding was led by ICONIQ Growth and CapitalG, along with other investors.
NinjaOne remains under the control of its founders, Sal Sferlazza and Chris Matarese. The company has achieved this growth without any debt.
With its smart automation, NinjaOne helps businesses manage devices, update software, and improve security. The new funding will support research, innovation, and the company’s planned purchase of Dropsuite, a data protection company. NinjaOne serves over 24,000 customers worldwide.
What is NinjaOne?
NinjaOne is an automated endpoint management platform that helps businesses manage, monitor, and secure their IT devices. It provides tools for patch management, remote monitoring, security, and automation, making IT operations easier and more efficient.
The platform is cloud-based, meaning businesses can access and control their IT infrastructure from anywhere. NinjaOne is widely used by IT teams, managed service providers (MSPs), and enterprises to ensure their devices stay updated, secure, and functional.
With a focus on automation and AI-driven solutions, NinjaOne helps reduce manual work, improve security, and boost productivity. It currently serves over 24,000 customers in 120+ countries.
Why is This Funding Significant?
The $500 million Series C funding is a major milestone for NinjaOne, increasing its valuation to $5 billion and reinforcing its position as a leader in automated endpoint management. This investment will accelerate research and development in AI-driven automation, patch management, and security, helping businesses manage their IT systems more efficiently.
A significant portion of the funding will also support NinjaOne’s acquisition of Dropsuite, a SaaS backup and data protection company, strengthening its data security offerings. Additionally, this investment ensures NinjaOne’s long-term stability, as the company remains founder-led and debt-free, allowing continuous innovation and customer-focused growth.
With backing from ICONIQ Growth and CapitalG, this funding further establishes NinjaOne as a key player in IT management solutions.
How Will the Funds Be Used?
The $500 million funding will be used to drive innovation, expansion, and acquisitions for NinjaOne. A large portion will go into research and development (R&D) to enhance AI-powered automation, endpoint management, patching, and security features. This will help businesses manage their IT systems more efficiently.
The funds will support NinjaOne’s acquisition of Dropsuite, a SaaS backup and data protection company, strengthening its data security capabilities. The company will also use the investment to expand its IT management solutions, improve user experience, and boost customer support services.
With a strong focus on innovation and growth, this funding ensures NinjaOne remains a leader in automated endpoint management.
Founders’ Perspective
The founders of NinjaOne, Sal Sferlazza (CEO) and Chris Matarese (President & CFO), view this funding as a crucial step in driving innovation and enhancing customer value. They emphasize their commitment to making IT management more automated, efficient, and user-friendly.
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Key Takeaways
- Valuation Boost – The funding raises NinjaOne’s valuation to $5 billion, reinforcing its leadership in automated endpoint management.
- Innovation and AI Expansion – Investment will drive research and development (R&D) in AI-powered automation, patch management, and security enhancements.
- Strategic Acquisition – Funds will support the $262M acquisition of Dropsuite, a SaaS backup and data protection company, strengthening NinjaOne’s data security capabilities.
- Founder-Led and Debt-Free – Sal Sferlazza and Chris Matarese retain majority control, ensuring long-term stability and growth without debt.
- Customer-First Approach – Unlike many private equity-backed firms, NinjaOne remains committed to investing in customer value and platform excellence rather than cost-cutting.
Conclusion:
NinjaOne’s $500 million Series C funding marks a significant step in its journey toward growth and innovation. With a $5 billion valuation, the company is set to expand its AI-driven automation, security, and endpoint management solutions. The acquisition of Dropsuite will further strengthen its data protection capabilities, ensuring businesses have secure and efficient IT management.
Remaining founder-led and debt-free, NinjaOne prioritizes customer value and long-term stability. Backed by ICONIQ Growth and CapitalG, the company is well-positioned to lead the automated endpoint management industry, driving continuous innovation, global expansion, and enhanced user experience in the years ahead.
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