- Nerdio, a Chicago-based Microsoft Azure automation solution for managed service providers (MSPs) and IT professionals, announced it has raised $8 million in Series A funding.
Nerdio, a Chicago-based Microsoft Azure automation solution for managed service providers (MSPs) and IT professionals, announced it has raised $8 million in Series A funding led by MK Capital and Nerdio CEO and co-founder Vadim Vladimirskiy and CRO Joseph Landes. This round of funding drives Nerdio’s product development and support for Microsoft Azure offerings, including Windows Virtual Desktop, while expanding operations and supporting its growing base of channel partners.
“Public cloud adoption is on the rise. It’s not slowing down anytime soon, and neither are we,” said Vladimirskiy. “We have evolved alongside the cloud industry — starting out as an MSP, offering a private cloud business and now being all-in on Azure. Nothing illustrates our commitment to the cloud, Microsoft, and our growing impact on both, more than this financial commitment to propel Nerdio’s path forward.”
The funding round symbolizes a key investment in Nerdio’s mission of empowering MSPs to build successful cloud practices in Microsoft Azure. And the funding round will be used for further supporting Nerdio’s international expansion, add new ecosystem partnerships, continue to reinforce support offerings and roll out additional products, and functionality supporting Windows Virtual Desktop in new ways and for new audiences.
“Since joining Nerdio from Microsoft, it has been such a pleasure to meet thousands of channel partners who are incredibly excited to partner with Nerdio to build a cloud practice in Microsoft Azure,” added Landes. “There is no other company that provides the energy, time, guidance, and support needed to make the move to Azure as seamless as possible. 2019 was just a warm-up in the channel for what we have planned in 2020 and beyond.”
MK Capital managing general partner Bret Maxwell pointed out that the firm interacts with many emerging and innovative startups in ITaaS, IaaS, and DaaS – few “of which are as impactful and impressive as Nerdio and their Nerdio for Azure offerings.”
“Rarely do we have the chance to invest side-by-side with executive leaders like Vadim and Joseph who believe so strongly in their company’s mission and trajectory, which only strengthens our viewpoint that it is an incredibly exciting time to propel Nerdio’s growth forward,” commented Maxwell.
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