Sal Sferlazza
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Iconiq-Backed IT Startup NinjaOne Hits $12.3 Billion Valuation
NinjaOne cofounders Christopher Matarese and Sal Sferlazza
IT platform NinjaOne valued at over $12 billion in latest funding round
IT platform NinjaOne valued at over $12 billion in latest funding round June 9 : IT platform NinjaOne said on Tuesday it has raised more than $400 million in a funding round that valued it at $12.3 billion, at a time when investors are concerned about AI upending parts of the software industry. While the sector contends with mounting fears that rapidly evolving AI tools could encroach on the core businesses of traditional software companies, NinjaOne's growth stands out as a sign of steady...