Virtual desktop startup Nerdio has raised $500 million at a valuation exceeding $1 billion. The funding will be used to enhance their product offerings and expand market reach.

Nerdio, a pioneer in virtual desktop solutions, successfully raised $500 million in their latest funding round. With a valuation now exceeding $1 billion, the company aims to bolster its technology and market presence. This funding will enable Nerdio to innovate and expand its suite of services. Investors are enthusiastic about the company's growth potential in the virtual desktop market.