Chicago-based Nerdio, a cloud management platform that simplifies Microsoft Azure Virtual Desktop (AVD) deployment, has raised $500 million in Series C funding to expand its AI-powered enterprise solutions.
The round was led by General Atlantic, with participation from Lead Edge Capital and Stepstone Group, securing a minority stake in the company.
Optimizing Cloud Infrastructure for Enterprises
Nerdio provides automated cloud infrastructure management for companies using Microsoft Azure, Windows 365, and Microsoft 365, offering:
- AI-powered cost optimization, dynamically scaling cloud resources based on demand.
- Automated user provisioning and app deployment to streamline IT operations.
- Simplified security management for cloud-based virtual desktop environments.
CEO Joseph Landes emphasized the company’s mission:
“Managing cloud environments is complex and costly. The company eliminates the need for extra tools, skills, or workflows by offering an all-in-one automation platform.”
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Surging Growth & Enterprise Adoption
- Trusted by major corporations including PayPal, Sony, and Comcast.
- Profitable growth, with valuation surpassing $1 billion, though the exact figure remains undisclosed.
- Planned global expansion, with the company aiming to significantly grow its 300-person team.
The Future of Cloud-Based Virtual Desktops
With millions of businesses shifting to remote and hybrid work, the firm is competing with legacy players like Citrix by offering a more modern, cloud-native approach.
General Atlantic’s Chris Caulkin praised Nerdio’s rapid adoption:
“Their AI-driven approach is transforming cloud infrastructure management, saving enterprises millions in costs.”
With $500M in fresh capital, Nerdio is doubling down on AI-powered automation, positioning itself as a key player in the next generation of cloud-based virtual desktops.
