UPDATE 1-IT platform NinjaOne valued at $12.3 billion in latest funding round

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June 9 (Reuters) - IT platform NinjaOne said on Tuesday it has raised $400 million in a funding round that valued the company at $12.3 billion.

The Series C extensions funding round included participation from Wellington Management, Teachers' Venture Growth, Sequoia Capital, ICONIQ and others.

NinjaOne provides software that helps businesses manage and secure employee devices, automate patching, back up data and enable remote access through a unified platform designed to streamline IT operations and improve efficiency.

The company serves nearly 40,000 customers across more than 140 countries, it said.


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