Kandji raises $100m in Series C funding amidst plans to open London office

Adam Pettit - Kandji Founder and CEO

Kandji, the next-generation Apple device management and security solution, announced that it has raised $100 million in Series C funding at a nearly 10x increase in valuation since the company’s Series A funding round one year ago.

This latest round was led by Tiger Global with participation from Definition, Frontline Ventures, and existing investors First Round Capital, Greycroft, Felicis Ventures, The Spruce House Partnership, B Capital Group, SVB Capital, and Okta Ventures. Today’s financing, the company’s third funding round since last year, brings Kandji’s total funding raised to $188.5 million. Kandji will use the funds to further evolve its product offerings, increase global hiring, and open a London office.

“The future of work is remote and hybrid. Kandji is helping businesses provide an elegant, seamless experience for remote employees while raising the bar for security throughout the organization,” said John Curtius, Partner, Tiger Global.

“IT admins can easily secure, authenticate, and manage employee devices, allowing team members to work from anywhere, worry-free. We look forward to seeing Kandji’s continued company growth, and we’re thrilled to invest in their success.”

Kandji is also jump-starting its European expansion, opening a new London office. The focus will be go-to-market hiring, including a recently hired General Manager, EMEA.

During the next year, the company plans to hire an additional 50 local team members and invest at least $100m over the next five years. The new London-based team will provide regional support to existing customers and partners across Europe. Also, customers in the EU region will be able to use Kandji’s new European data center in Frankfurt.

Kandji’s new funding follows continued company and customer growth during 2021, including a 700% increase in year-over-year revenue. Over 1,000 companies in more than 40 global industries are using Kandji to deploy, secure, and manage Apple devices among their distributed workforces. Customers include Allbirds, Attentive, Amplitude, Belkin, Lacework, Monzo, Noom, Rackspace, Remitly, Segment, and Whoop.

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