AnyDesk, a leading provider of remote desktop software, announced that it has raised over €60M in its Series C funding round. With this fundraise, the Stuttgart-based company’s valuation has reached $660M (nearly €582.7M).
The funding comes as the company surpasses 450 million downloads and continues to scale rapidly, propelled by the rise of remote work due to the COVID-19 pandemic. The round was led by General Atlantic along with existing investors Insight Partners, EQT Ventures and Possible Ventures.
Christian Figge, Managing Director of General Atlantic, says, “We’re thrilled to be partnering with AnyDesk on the journey ahead. We were particularly impressed by the activity levels on a global scale based on a technology stack that is built for a connected multi-platform, hybrid working environment world. We will support the company in further extending its offering for enterprise customers globally.”
With the concept of remote and hybrid work now commonplace among startups, Anydesk says the funds will help drive its growth to ensure its products run smoothly, regardless of corporate network architecture or where people work.
Anydesk builds a proprietary software solution that allows users to securely access their computers remotely and provides remote support on any device running any major operating system. The company has already established its roots in 190 countries and also has more than 80,000 customers.
Philipp Weiser, Founder and CEO of AnyDesk, says, “It is our vision to help shape a more efficiently connected, digitised world, and our technology is one of the keys that will help us collectively get there without compromising on the reliability and security that our customers expect from us. As an investor with a global reach, General Atlantic will help us to continue scaling and growing in new markets as we strive to connect a rapidly growing global audience through our technology.”
The company enables a user to remotely access a single device running any of the common operating systems on everything from smartphones to mainframes. In addition, Anydesks offers memory-efficient image quality, which facilitates consumers to work efficiently with bandwidths as low as around 100 kbps.
The future for AnyDesk
AnyDesk aims to surpass 500 million downloads by the end of December 2021 as a result of the accelerated shift to a hybrid working environment triggered by the Covid-19 pandemic.
AnyDesk also plans to offer even more functionality to its business customers by 2022, focusing on enterprise features and localisation to make services easier to use across the globe. The company also plans to scale its team as it integrates new products and onboard new customers.