Nerdio, a cloud management startup based in Chicago, has successfully raised $500 million in Series C funding, quadrupling its valuation since Series B two years ago. Now valued at over $1 billion, the company focuses on helping organizations optimize their Microsoft cloud deployments, particularly through its Nerdio Manager for Enterprise product. This offering automates user-provisioning, application deployment, and cost-optimizing features. As remote work becomes the norm, Nerdio provides essential solutions for businesses navigating complex cloud environments, positioning itself as a modern alternative to legacy providers like Citrix.
Nerdio, a startup for cloud management, raised $500 million, achieving unicorn status with a valuation exceeding $1 billion, focused on Microsoft cloud technologies.
The company’s products allow businesses to automate cloud infrastructure tasks, offering features like auto-scaling, which helps optimize costs and resource management.
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