Funding and valuation
IT systems management platform NinjaOne said on Tuesday that it raised $400 million in a Series C extensions round, valuing the company at $12.3 billion. The financing round included commitments from Wellington Management, Teachers' Venture Growth, Sequoia Capital and ICONIQ, among others.
Investor participation
Additional participants named by the company included affiliated funds of BDT & MSD Partners, Hedosophia, NEA, Washington Harbour Partners, CapitalG and Pinegrove Opportunity Partners. NinjaOne characterized the round as an extension of its Series C funding.
What the company does
NinjaOne develops software designed to help organizations manage and secure employee devices via a single platform. Core capabilities include automated patching, data backup and remote access, all presented as a unified toolset intended to streamline IT operations and raise operational efficiency for customers.
Scale and recent performance
The company reported serving nearly 40,000 customers across more than 140 countries. NinjaOne said the announcement follows a 2025 that delivered nearly 70% year-over-year growth for the business, together with a record-breaking first quarter in which the company achieved profitability.
Leadership and governance
Sal Sferlazza, NinjaOne's CEO and co-founder, commented on the new funding and investor roster, noting the role those relationships play as the company integrates AI across its operations, product roadmap and market expansion strategies. NinjaOne remains founder-led and controlled: co-founders Sal Sferlazza and Chris Matarese are the largest equity holders and retain majority control of the Board of Directors and the company’s voting power.
Context limitations
The information presented is limited to the company statements provided with the funding announcement; no additional financials, customer breakdowns or product roadmaps were disclosed beyond the figures and descriptions included above.