BloombergLean L·
Iconiq-Backed IT Startup NinjaOne Hits $12.3 Billion Valuation
NinjaOne, an IT management platform, has more than doubled its valuation to $12.3 billion in a new financing deal, bucking the trend of investors shying away from software-as-a-service companies over AI fears. The startup is set to announce Tuesday that it’s raised $400 million in a secondary share sale. Wellington Management, Iconiq Capital, Alphabet Inc.’s CapitalG and Sequoia Capital participated in the deal, which saw some early investors and longtime employees sell equity. NinjaOne was prev
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