• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Special Offers
Business Intelligence Info
  • Business Intelligence
    • BI News and Info
    • Big Data
    • Mobile and Cloud
    • Self-Service BI
  • CRM
    • CRM News and Info
    • InfusionSoft
    • Microsoft Dynamics CRM
    • NetSuite
    • OnContact
    • Salesforce
    • Workbooks
  • Data Mining
    • Pentaho
    • Sisense
    • Tableau
    • TIBCO Spotfire
  • Data Warehousing
    • DWH News and Info
    • IBM DB2
    • Microsoft SQL Server
    • Oracle
    • Teradata
  • Predictive Analytics
    • FICO
    • KNIME
    • Mathematica
    • Matlab
    • Minitab
    • RapidMiner
    • Revolution
    • SAP
    • SAS/SPSS
  • Humor

Nerdio raises $8 million to help businesses manage Microsoft Azure deployments

February 11, 2020   Big Data

Managing a cloud environment takes time, capital, and plenty in the way of domain expertise. This reality is the driving force behind a category of startups developing tools to automate the deployment and orchestration work — the managed services market was valued at around $ 186 billion in 2019, with forecasts suggesting that it could grow to $ 356.24 billion by 2025.

One contender in the space is Nerdio, which offers a product for managed service providers to build and grow their cloud practices in Microsoft’s Azure. This morning, the Chicago, Illinois-based company announced that it has closed an $ 8 million series A round led by MK Capital, with participation from Nerdio’s own cofounder and CEO, Vadim Vladimirskiy, and chief revenue officer, Joseph Landes. The infusion brings Nerdio’s total raised to over $ 10 million, following a $ 2.4 million round in February 2014. Vladimirskiy says it’ll be used to further develop existing products while expanding operations and supporting partners.

“Public cloud adoption is on the rise. It’s not slowing down anytime soon, and neither are we,” said Vladimirskiy in a statement. “We have evolved alongside the cloud industry — starting out as a [managed service provider], 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.”

Nerdio is a subsidiary of Adar, which Vladimirskiy, Stuart Gabel, and Niall Keegan founded in 2005 to provide online backup systems to small and mid-sized enterprises. Soon after it was founded, Adar transitioned into managing virtual infrastructure, which is how Nerdio and its services came about.

 Nerdio raises $8 million to help businesses manage Microsoft Azure deployments

Nerdio’s solutions suite for Azure lets admins automatically provision an IT environment and manage their clients from a single portal. A cost estimator prices out products and services prior to deployment, while an autoscaling algorithm ensures clients only pay for what they use. From an app for iOS and Android, credential users can access customer information and view server logs or perform tasks like editing and removing groups, configuring shared mailboxes, and stopping or starting remote servers. They’re also able to clone existing virtual machines to Azure and inventory environments for migration and automatically invoice customers for both resources used and services rendered.

Nerdio also offers the eponymous Nerdio Private Cloud, a service that delivers IT support and infrastructure, including virtual hardware, software, security backup and disaster recovery. It creates a virtual server infrastructure in a cloud-hosted environment — access to which is provided through Virtual Desktop Infrastructure (VDI) — and an image to standardize the virtual desktop environment, including all applications needed to access network resources. All of its software is collated and managed by Nerdio and its partners, including patches, upgrades, and compatibility tests.

“We have deep experience in the software and cloud infrastructure sectors and interact with plenty of 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,” said MK Capital’s Bret Maxwell. “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.”

Sign up for Funding Weekly to start your week with VB’s top funding stories.

Let’s block ads! (Why?)

Big Data – VentureBeat

Azure, Businesses, Deployments, help, Manage, Microsoft, Million, Nerdio, raises
  • Recent Posts

    • WHEN IDEOLOGY TRUMPS TRUTH
    • New Customer Experience Needs and Commerce Trends for 2021
    • A data transformation problem in SQL and Scala: Dovetailing declarative solutions
    • George Wallace Joins Laverne Cox For Comedy Titled ‘Clean Slate’
    • How Microsoft Azure DevOps and Dynamics 365 CRM Work Together to Improve Service Responsiveness
  • Categories

  • Archives

    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • January 2018
    • December 2017
    • November 2017
    • October 2017
    • September 2017
    • August 2017
    • July 2017
    • June 2017
    • May 2017
    • April 2017
    • March 2017
    • February 2017
    • January 2017
    • December 2016
    • November 2016
    • October 2016
    • September 2016
    • August 2016
    • July 2016
    • June 2016
    • May 2016
    • April 2016
    • March 2016
    • February 2016
    • January 2016
    • December 2015
    • November 2015
    • October 2015
    • September 2015
    • August 2015
    • July 2015
    • June 2015
    • May 2015
    • April 2015
    • March 2015
    • February 2015
    • January 2015
    • December 2014
    • November 2014
© 2021 Business Intelligence Info
Power BI Training | G Com Solutions Limited