IT firm Nexthink raises $40m from Highland et al.

The fresh funding will be used to further develop the company's product and expand its global presence.

Previous funding
Nexthink previously raised $14.5m in its series-D funding round in December 2014 from Augira, VI Partners and Mannai Corporation.

Company
Founded through a research project in artificial intelligence at the Ecole Polytechnique Fédérale de Lausanne in Switzerland in 2004, 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.

The company counts 600 customers globally and is headquartered in Lausanne, Switzerland.

People
Highland Europe – Fergal Mullen (founding partner).
Nexthink – Pedro Bados (CEO, president, co-founder).

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• Topics
• Expansion
• DACH
• Technology
• Venture
• Switzerland