Nerdio Secures 117 Million Dollars in Funding to Develop Management Tools for Azure Virtual Desktop

Adar and Nerdio: A Tale of Two Companies

In 2005, three entrepreneurs – Vadim Vladimirskiy, Stuart Gabel, and Niall Keegan – came together to co-found Adar, a Chicago-based company that specialized in providing ‘streaming IT’ and IT-as-a-service products mainly to small- and medium-sized businesses. Over the next decade, Adar continued to grow and expand its offerings, but it was the creation of an internal division, Nerdio, that would prove to be a game-changer for the company.

The Birth of Nerdio

In 2016, Vladimirskiy and his team at Adar recognized the growing demand for cloud-based solutions and saw an opportunity to help other managed service providers (MSPs) move their customers to the cloud. This led to the creation of Nerdio, a division within Adar that focused on providing cloud-enabled solutions for MSPs.

A Separate Company is Born

In January 2020, Vladimirskiy and Joseph Landes, co-founder of Nerdio and former Microsoft executive, decided to spin off Nerdio as a separate company. This move was driven by the recognition that Nerdio had outgrown its parent company and required more resources to continue its rapid growth.

A Wise Investment Decision

Vladimirskiy and Landes contributed significantly to Nerdio’s first funding round in February 2020, which proved to be a wise investment decision. In July 2022, Nerdio announced that it had closed a $117 million Series B round led by Updata Partners, bringing the company’s total raised to $125 million.

A Strategic Partnership with Microsoft

Nerdio’s success can be attributed in part to its close working relationship with Microsoft. The company has a number of Microsoft veterans on its board of directors, including Landes, who was previously a senior executive at Microsoft. This partnership has provided Nerdio with valuable insights and expertise in the development of its cloud-enabled solutions.

A Team of 100 and Growing

Nerdio is headquartered in Skokie, Illinois, and currently employs a team of 100 individuals. The company plans to roughly double its staff over the next year as it continues to expand its offerings and push into new markets.

Addressing the Biggest Inhibitor to Adoption

Vladimirskiy has stated that one of the biggest inhibitors to adoption of cloud-based solutions is cost. Nerdio’s platform addresses this issue by providing a simple, user-friendly interface for MSPs to deploy and manage cloud-enabled solutions, making it easier and more affordable for their customers.

A Bright Future Ahead

With its strong partnership with Microsoft and a growing team of experts, Nerdio is well-positioned to continue its rapid growth and expansion into new markets. As the demand for cloud-based solutions continues to rise, Nerdio’s platform is likely to become an essential tool for MSPs looking to provide their customers with cutting-edge technology.

Conclusion

The story of Adar and Nerdio is a testament to the power of innovation and collaboration in the tech industry. From its humble beginnings as an internal division within Adar, Nerdio has grown into a separate company with a bright future ahead. As the demand for cloud-based solutions continues to grow, Nerdio’s platform is likely to play a key role in shaping the future of the MSP market.

Related Topics

  • Enterprise
  • Funding
  • Nerdio
  • Startups
  • Updata Partners
  • Virtual Desktop

Author Bio

Kyle Wiggers is a senior reporter at TechCrunch with a special interest in artificial intelligence. His writing has appeared in VentureBeat and Digital Trends, as well as a range of gadget blogs including Android Police, Android Authority, Droid-Life, and XDA-Developers.

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