Kandji raises $100m investment as enterprise use of Apple grows
Apple endpoint management and security platform Kandji has raised over $100 million in capital funding to support investment in product engineering and development. It’s yet another strong signal that speaks to the growing strength of the Apple in the enterprise segment as Mac, iPhone, and iPad sales into the sector boom.
The ever growing Apple enterprise space
Deep Nishar from General Catalyst (who are supplying these funds) will join the company’s Board of Directors.
“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,” said Nishar.
Since its last funding round in 2021, the company has seen a 600%+ increase in annual recurring revenue, and its customer base has grown nearly fourfold across 40+ industries, the company said. Kandji was recently named to Forbes’ Next Billion Dollar Startup List 2023 and recognized as a top venture-backed startup with the potential to reach unicorn status.
“Delivering value to customers has been our north star since founding Kandji in 2018, and we’ve realized this vision by building products that enable the comprehensive endpoint management and security of Apple devices in the enterprise,” said Adam Pettit, CEO and co-founder of Kandji.
“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.”
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