The Technology team advised NinjaOne® on the completion of its $500 million in Series C extensions at a $5 billion valuation. The venture funding came in separate tranches that were led by ICONIQ Growth and CapitalG, Alphabet’s independent investment fund, with participation from other prominent private investors.
The raise will drive research and development focused on autonomous endpoint management, autonomous patching and vulnerability remediation, and expanded IT use cases that improve employee experiences with devices. The funding will also support retaining the company’s overinvestment in world-class customer support as well as provide funding for the company’s pending acquisition of SaaS backup and data protection leader Dropsuite.
The Goodwin team was led by David Ajalat and Agustin Podboj.
The team previously represented NinjaOne on its recent acquisition of Dropsuite, and on its $231.5 million Series C in February 2024.
NinjaOne automates the hardest parts of IT, delivering visibility, security and control over all endpoints for over 20,000 customers. NinjaOne’s automated endpoint management platform is proven to increase productivity, reduce security risk, and lower costs for IT teams and managed service providers.
For additional details on the financing, please read the press release and coverage in Fortune and Crunchbase.