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Apple device management solution helps Kandji bag £74M series C funding at £593 valuation

Kandji
Image credits: Kandji

Apple is known for its near seamless software and hardware integration, and of course, it’s robust ecosystem. The Cupertino-based company’s laptops and other devices are rapidly gaining adoption in the enterprise space as well. Apple device management is a lucrative space wherein the California-based scaleup Kandji is making notable headway. The company has now secured £74 million in its series C funding round. 

Expansion, innovation and a notable valuation

The latest funding for Kandji was led by Tiger Global with participation from Definition, Frontline Ventures. Company’s existing investors First Round Capital, Greycroft, Felicis Ventures, The Spruce House Partnership, B Capital Group, SVB Capital, and Okta Ventures participated as well. In a conversation with UKTN, the company’s CEO and co-founder Adam Pettit reveals more on how the funds will be utilised. 

Pettit says investing in their R&D will be a top priority for the company. “We are going to continue working hand-in-hand with our customers to solve the needs of the most sophisticated enterprises. This means investing heavily in R&D to extend our compelling positions in device management and security, in order to address broader client needs connected to the Apple device lifecycle,” He says. ...