Apple endpoint management and security platform company Kandji Inc. today announced that it has raised $100 million in new funding on a $850 million valuation to support product innovation and engineering, enabling it to bring further advancements to its management and security of enterprise Apple devices.

Founded in 2018, Kandji offers a unified device management and endpoint security platform for Apple products that is designed to make it easer to deploy hardened devices, update software, resolve vulnerabilities and prevent problems fleetwide.

Through a single platform that covers mobile device management and endpoint detection and response, Kandji’s service allows companies to no longer have to compromise between safety, efficiency and user experience when dealing with Apple devices and users.

Kandji’s device management features include zero-touch device deployment, a seamless single sign-on experience, automated patch management, managed OS updates, a frictionless MDM migration agent and pre-built compliance controls.

The company’s EDR functionality includes real-time scanning and monitoring, threat event analysis, the ability to kill processes and quarantine files, frictionless quarantine release, allow/block by file hash or path and Apple-focused threat research.

Kandji has seen strong growth since last raising funding in 2021, with a 600% plus increase in annual recurring revenue, though it didn’t reveal more specifics, and four times customer growth across over 40 industries. Notable customers include Rackspace Technology Inc., Allbirds Inc., Canva Pty. Ltd. and Notion Labs Inc.

General Catalyst Group Management LLC led the $100 million funding round, which is being split into two parts — $50 million allocated to equity financing for the Series D and $50 million for go-to-market investment. Deep Nishar from General Catalyst will join the company’s board.

The equity financing will be used to provide financial support in exchange for ownership stakes or shares in the company, with the funds allocated to further develop and innovate Kandji’s products and engineering capabilities, enhancing its platform for managing and securing Apple devices.

“In our view, Kandji brings a unique combination of innovative solutions and fiscal value to their customers with their sophisticated approach to Apple endpoint management and security,” said Nishar. “We believe Kandji has a truly differentiated approach and we are excited to embark on this long-term partnership with Adam and the team.”

The new investment brings the total amount raised by Kandji to $288 million. Previous investors include Definition Capital Management LLC, Frontline Ventures Ltd., First Round Capital LLC, Greycroft Partners LLC, Felicis Ventures LLC, Spruce House Partnership LLC, B Capital Group US LLC and Okta Ventures Inc.

Image: Kandji