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Nerdio nabs $500M to power virtual desktops on Azure
Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million.
It automates many of the tasks related to cloud infrastructure and virtual desktop management, such as user-provisioning, application deployment, as well as providing cost-optimization features like auto-scaling resources to match demand. For its latest $500 million cash injection, Nerdio has ushered in U.S. growth equity firm General Atlantic alongside Lead Edge Capital and Stepstone who have procured a minority stake in the company. Prior to joining TechCrunch in June 2022, Paul had gained more than a decade’s experience covering consumer and enterprise technologies for The Next Web (now owned by the Financial Times) and VentureBeat.
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