Updata Partners led a $117m Series B funding round in Nerdio.

Updata Partners, a private equity growth firm, led a $117m Series B funding round in Nerdio, an information technology services provider. “Updata has a significant track record investing in and growing B2B SaaS companies over the past 20 years and we are thrilled to be the newest addition to their portfolio. Their unique expertise will meaningfully accelerate our journey in becoming the leading cloud and DaaS management platform for service providers and enterprises," Vadim Vladimirskiy, Nerdio CEO and Co-Founder.