Kandji secures $100M to boost Apple endpoint management platform
Kandji, a leading provider of Apple endpoint management and security solutions, today announced a $100 million investment led by General Catalyst. The funding will be used to accelerate product innovation, expand its customer base, and bolster sales and marketing efforts.
The fresh capital brings Kandji’s valuation to $850 million and underscores the company’s rapid growth and market leadership in managing and securing Apple devices within enterprise environments. The company has experienced over 600% growth in annual recurring revenue since its last investment round in 2021, and its customer base has nearly quadrupled, spanning more than 40 industries.
“In our view, Kandji brings a unique combination of innovative solutions and fiscal value to their customers with their sophisticated approach to Apple endpoint management and security,” Deep Nishar from General Catalyst said. “We believe Kandji has a truly differentiated approach, and we are excited to embark on this long-term partnership with Adam and team.”
Nishar is set to join Kandji’s Board of Directors following this new round of investment.
Commenting on the news, CEO and co-founder of Kandji, Adam Pettit said that his company has always been committed to providing real value to its customers.
“As we embark on this next phase of growth, we remain steadfast in our mission of bringing thoughtful automation, unparalleled customer support, and a superior experience to admins and end users. Our future product innovation will only continue this trajectory and further establish Kandji as the leading integrated platform for enterprise Apple device management and security,” he said.
About Kandji
Kandji is a cloud-based platform specializing in managing and securing Apple devices within enterprise environments. Designed to cater to the unique needs of businesses heavily reliant on Apple products, Kandji offers a comprehensive suite of tools for IT teams to efficiently deploy, manage, and protect their Apple fleets.
The company, which was named to Forbes’ Next Billion Dollar Startup List for 2023, also recently introduced new advancements to its product portfolio, including Assignment Maps and Prism to provide IT teams with the automation and visibility needed for effective endpoint management at scale.
