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UNQUOTE
  • Expansion

Index leads $85m round for Nexthink

  • Oscar Geen
  • Oscar Geen
  • 13 December 2018
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Index Ventures has led a consortium of investors to provide an $85m funding round for Swiss enterprise software developer Nexthink.

Existing investors Highland Europe, Forestay Capital, VI Partners, Auriga Partners and Galeo Capital also took part, as well as new investors including Top Funds and Datadog CEO Oliver Pomel.

The fresh capital will be used to accelerate the company's global expansion, with a focus on the US.

Index partner and founder Neil Rimer has joined the company's board of directors.

Previous funding
Auriga Partners and VI Partners led a CHF 6m seed round for Nexthink in 2007 and injected a further $1.74m into the business in 2010 before backing its $5.5m series-C in 2012.

Highland joined the syndicate in 2016, leading a $40m series-D alongside existing investors.

Company
Nexthink was founded in 2004 and is headquartered in Lausanne, Switzerland. Nexthink provides end-user IT analytics. Its technology provides IT departments with real-time visibility of their end-user infrastructure, enabling them to decrease end-user disruptions and instantly delete security incidents. It employs 350 people.

People
Index Ventures – Neil Rimer (partner).
Nexthink – Pedro Bados (CEO, president, co-founder).

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