Nerdio Surpasses $100 Million in Annual Recurring Revenue as Enterprises Shift to Microsoft Cloud

Core Insights - Nerdio has surpassed $100 million in annual recurring revenue (ARR) within just over five years, highlighting its rapid growth in the cloud management sector [1] - The company recently completed a $500 million Series C funding round, increasing its valuation to over $1 billion [1] Company Overview - Nerdio specializes in automated end-user computing (EUC) management, focusing on Microsoft Cloud technologies such as Azure, Windows 365, and Intune [1][5] - The company serves over 15,000 organizations across more than 50 countries, including notable clients like Chevron and Kraft Heinz [2] Product and Services - Nerdio automates the deployment and management of Azure Virtual Desktop, Windows 365, and Intune, reducing manual tasks and optimizing cloud usage [3] - The platform includes AI capabilities for recommendations, issue detection, and scripting support, enhancing operational efficiency [4] Recent Achievements - In the past year, Nerdio has added over 400 new enterprise customers and launched more than 20 product releases, integrating AI into all offerings [2][7] - The company was awarded the 2024 Microsoft Americas Partner of the Year and has influenced over $350 million in Microsoft revenue [7]