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Nerdio secures $117m Series B investment from Updata Partners

Nerdio, a virtual desktops specialist for native Microsoft technologies, has raised $117 million in Series B funding from growth equity investor Updata Partners.  

As part of the investment, Updata secured a place on Nerdio’s Board of Directors, joining existing members Gavriella Schuster, Microsoft’s former Global Channel Chief, Andy Lees, another former top Microsoft executive who served as President and Corporate Vice President during his 23-year tenure, Bret Maxwell, Managing General Partner, MK Capital, and Vadim Vladimirskiy, Nerdio CEO and co-founder. 

Nerdio previously raised a $8 million in a Series A round in February 2020 led by Vladimirskiy, MK Capital, and Joseph Landes, the company’s Chief Revenue Officer.  

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