Nexthink, a Lausanne, Switzerland-based provider of End-user IT Analytics platform, raised $40m in venture capital funding.
The round was led by Highland Europe, with participation from the Bertarelli family’s Waypoint Capital and existing investors Auriga Partners and Galeo Ventures.
The company, which has raised $65m to date, plans to use the funds to expand its global presence, including the recent opening of its US sales headquarters in Boston, and increase hiring across all roles and functions, especially sales and engineering (read here).
Founded in Switzerland in 2004 by Pedro Bados, CEO/President, Nexthink provides an End-user IT Analytics platform for security, ITSM and transformation. The company’s software provides enterprise-wide, real-time analytics covering all endpoints, users, applications and network connections as well as visualization of IT infrastructure and service delivery. The solution allows IT departments to connect, communicate and collaborate to optimize endpoint security, operations, support and workplace transformation projects and extend help desk, server monitoring, APM (application performance management) and PCLM (PC lifecycle management) tools.
Today, the company has over 600 customers worldwide.