Matthew Neville

Apple device security specialist opens new London office in £140m international expansion

International Apple device management and security specialist Kandji announced it has raised $100m (approximately £74m) in Series C funding as it plans to open an office in London.

This latest round was led by Tiger Global with participation from Definition, Frontline Ventures, and existing investors First Round Capital, Greycroft, Felicis Ventures, The Spruce House Partnership, B Capital Group, SVB Capital, and Okta Ventures.

Today’s financing, the company’s third funding round since last year, brings Kandji’s total funding raised to $188.5m (approximately £140m). Kandji will use the funds to further evolve its product offerings, increase global hiring, and open a London office.

The new London based team will provide regional support to existing customers and partners across Europe. Also, customers in the EU region will be able to use Kandji’s new European data center in Frankfurt.

John Curtius, partner, Tiger Global said: “The future of work is remote and hybrid. Kandji is helping businesses provide an elegant, seamless experience for remote employees while raising the bar for security throughout the organization.

“IT admins can easily secure, authenticate, and manage employee devices, allowing team members to work from anywhere, worry-free. We look forward to seeing Kandji’s continued company growth, and we’re thrilled to invest in their success.”

Adam Pettit, CEO and co-founder, Kandji added: “It is vital that enterprises effectively manage and protect their employees’ devices within our ‘work from anywhere’ reality.

“We are also seeing IT and security merge — 53 per cent of CISOs now have IT responsibilities, an increase of 39 per cent from 2019. Kandji’s zero-touch solution, with app patching, alerts, and one-click compliance templates, delivers world-class security while employees appreciate a personalized experience out of the box.”

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