Fleetsmith secures $30 million Series B to grow its cloud-based Apple device management platform and expand globally
Fleetsmith, a cloud-based Apple device management platform that helps to automate device setup, intelligence, patching, and security for your company’s Macs, iPhones, iPads, and Apple TVs, announced today it has raised $30 million in Series B funding to further develop its device management platform, grow its presence internationally, and hire new team members across a variety of functions. The latest capital infusion brings the total funding to date to over $40 million.
The round was led by Menlo Ventures, with participation from Tiger Global Management, Upfront Ventures, and Harrison Metal. In conjunction with the funding, the company also announced that Naomi Pilosof Ionita, partner at Menlo Ventures and former product and growth lead at Evernote, is joining Fleetsmith’s Board of Directors. Matt Murphy, also a partner at Menlo Ventures, is joining as a board observer.
Founded in 2016 by former IT and security leaders from Dropbox and Fandom, Jesse Endahl, Ken Kouot, Stevie Hryciw, and Zack Blum, the San Francisco-based Fleetsmith automates new device setup, inventory, patching, and security across corporate Apple device fleets. Fleetsmith combines world-class product and security engineering with a powerful, intuitive interface that makes advanced Apple device management available for everyone.
Fleetsmith is also announcing the upcoming launch of a new admin console, which will be released in the next few months. The new admin console includes an updated look and feel with more advanced dashboard visualizations and better performance, enabling admins to take action more quickly and fix issues surfaced by Fleetsmith Intelligence with a single click. The console will also anticipate common IT workflows like adding a new device, allowing admins to move through the setup, deployment, and management processes more intuitively. New features like pagination and bulk editing will make it even easier for admins who manage hundreds or thousands of machines to solve issues with their fleet.
“We were immediately impressed by Fleetsmith’s customer and product-centric mentality,” said Naomi Pilosof Ionita, partner at Menlo Ventures. “They are solving real pain points around device management and their product empowers IT, management, and security teams. Customers recognize the value of Fleetsmith in minutes—not weeks or months. It’s the way a modern product built for IT should work.”
“This latest round of funding demonstrates continued confidence in our strategy, which has helped companies automate device management and put security first,” said Zack Blum, CEO and co-founder of Fleetsmith. “Over the past year, we have built an incredible team and shipped tons of new customer-requested features. Now, we look forward to growing the company so we can bring modern device management to even more organizations around the world.”