💰The Funding Letter #1614: February 25

NinjaOne, Flow48, Sparta, and more...

February 25, 2025

Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Hightouch & Verkada below!

Hit the Gong 🎉

Source: @ryan.at.repvue

Daily Deals 💸

🌎 Americas

NinjaOne develops a cloud-based platform to monitor, manage, and support the IT operations of managed service providers, enabling MSPs and corporate IT departments to deliver business continuity and drive profitability. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $500M, Series C

Round Investors: CapitalG (lead), ICONIQ Growth (lead)

🚀Growth Focus: Accelerate development focused on autonomous endpoint management, autonomous patching, vulnerability remediation, and expanded IT use cases that improve employee experiences with devices.

HQ: Austin, TX

Industry: Software Development

Employee Count: 1392 (⚡15% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring (tons of sales roles across the nation!)

Cambium Carbon operates reforestation hubs to combat climate change and develop sustainable wood supply chains using advanced materials and AI technology, modernizing the wood industry and enhancing city resilience. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $18.5M, Series A

Round Investors: VoLo Earth Ventures (lead), Ulu Ventures, 81 Collection, MaC Venture Capital

🚀Growth Focus: Advance the deployment of AI technology into the $788B wood products industry, strengthen its wood supply network, drive team growth, scale operations, and expand into new mass timber offerings.

HQ: Halethorpe, MD

Industry: Technology, Information and Internet

Employee Count: 40

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