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Nerdio nabs $500M to power virtual desktops on Azure

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NeckA platform that is designed to facilitate how companies have deployed and managed Microsoft Cloud Technologies, has collected 500 million in funds in a series C -round.

Chicago-based Startup says its price has now been four times since its series B round two years ago, and is now firmly in the unicorn area-though the company will not disclose a particular diagnosis.

“We are not disclosing a specific diagnosis, but it is north of $ 1 billion.”

Narido got out of the company a “IT-AS-AA-Serve” company called Adar Back in 2020, Falling in private equity property And nerio Is making a way As a dedicated cloud management service provider for customers, including PayPal, Sony, and Comacket.

Nerio has targeted companies seeking to improve their cloud infrastructure deployment and costs. With Nerio Manager for EnterpriseThe company helps to handle the business Microsoft’s Azure Virtual Desktop And Windows applications in their workforce. This automatically automate a lot of works related to cloud infrastructure and virtual desktop management, such as providing users to provide costs such as providing, deployment of application, as well as demanding auto scaling resources.

Virtual desktops, uninterrupted, computer environments that run on remote servers instead of physical computers, which allow users access to all their apps, files and compositions on any device via the Internet. Nerio contests a local view from a modern cloud for traditional legacy players Such as citrixWhich began before the cloud computing revolution ended.

This is especially suitable at a time when millions of people have accepted the remote and hybrid working environment, because they can safely access all their work wherever they are.

“The cloud environment management is complex and expensive – it usually requires a mixture of many special technical skills and expensive, solid tools,” said Lands. “Nerio provides a single, comprehensive platform that allows organizations to handle their Microsoft Cloud environment without the need for additional skills, tools, or workflows.”

Neck
NeckImage Credit:Neck

Earlier, Nerio had collected a million 8 million series A round in 2020, followed by a 7 117 million Series B Tranch three Years later, for its latest million cash injection, Nerio has launched the lead Edge Capital and Step Stone as well as US Growth Equity Firm General Atlantic, who has received minority shares in the company.

Nerio will not confirm what percentage of ownership is in the acquisition of its investors, but it states that the founders “have maintained a key share in the company.”

Nerio says she plans to use Microsoft services to enhance its product lineup, including Azure Virtual Desktop, Windows 365, and Microsoft 365. The company also says it plans to strengthen its head count, which is currently on 300 employees.

“We plan to significantly increase this number because we measure our global presence and form customer support and engineering teams,” said Lands.

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