Nerdio Raises $117 Million in Funding for Virtual Desktop Management Solutions in Microsoft Azure

The Chicago-based virtual desktop management company Nerdio has closed a $117 million Series B round led by Updata Partners, bringing its total raised to $125 million; its previous round, held in 2020, raised $8 million. The company was founded in 2005 as Adar, providing virtual infrastructure management and other IT solutions, including its Nerdio platform, which focused on helping other managed service providers move their customers to the cloud.

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In January 2020, two founders spun Nerdio off into its own enterprise to pursue further growth opportunities.

As remote and hybrid work becomes increasingly commonplace, many enterprises are providing more employees with virtual workstations. Nerdio’s platform makes it easier to manage workstations that are hosted on Microsoft’s Windows 365 Cloud PC and Azure Virtual Desktop services, where they can operate within the cloud.

The company currently offers two versions: Nerdio Manager for Enterprise and Nerdio Manager for MSP, which specializes the platform for businesses or for managed service providers. It plans to use its new capital toward customer acquisition, product R&D, and hiring efforts.