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Venture Capital News: Fleet Closes $27M Series B Round

2025-06-17
SAN FRANCISCO, CA, Fleet, the open device management company, today announced it has raised $27 million in Series B funding, bringing its total funding to date to $52.3 million.
The oversubscribed round, which follows 6x revenue growth in the last two years, was led by Ten Eleven Ventures and will accelerate the development and adoption of Fleet's open device management platform, which provides both self-hosting and cloud-hosted options to ensure that organizations of all types and sizes can see and secure all of their computing devices, on their own terms.

Additional investors included CRV, Open Core Ventures, GitLab Co-founder and Executive Chair Sid Sijbrandij, Moonfire Ventures, Vercel CEO Guillermo Rauch, former MobileIron CRO Christof Baumgärtner, former MobileIron engineer Balaji Parimi, Material Security co-founder Ryan Noon, and Lookout co-founder Kevin Mahaffey.

Fleet is the open device management platform for IT and security teams with lots of computers. Built on open-source technology, Fleet provides deep visibility, control, and automation for laptops, servers, and specialized hardware, regardless of your deployment environment (on-premise or cloud). Fleet's mission is to bring transparency and control to the world of computing devices through its open and extensible platform.
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