Let’s talk about control, not the illusion, the real kind. The kind that lets an enterprise know exactly what’s running on 100,000+ devices scattered across continents, clouds, coffee shops, and chaos. Most companies? They’re flying blind. Fleet? They see everything. And they just landed $27 million in fresh Series B fuel to double down on their open-source device management platform that already secures more than 1.65 million devices worldwide.
Led by Ten Eleven Ventures, with returning conviction from CRV, plus bets from Open Core Ventures, Moonfire Ventures, and a who’s-who of operator angels, GitLab’s Sid Sijbrandij, Vercel’s Guillermo Rauch, Material Security’s Ryan Noon, and others who don’t toss checks lightly, Fleet isn’t trying to play catch-up. They built the car, then made the highway open source.
The brains behind this? Mike McNeil, CEO and founder of Balderdash and The Sails Company, and Zach Wasserman, CTO and co-creator of osquery from his days at Meta. You remember osquery, the tool that turned endpoints into SQL-queryable goldmines? Yeah, that one. Zach co-built it with Mike Arpaia, now at Moonfire Ventures, while Jason Meller (Kolide and Threat Stack) helped shape the earliest blueprint. When Kolide retired Fleet, Zach and Mike McNeil resurrected it, not with nostalgia, but with purpose. Fast forward to now, and Fleet Device Management, Inc. is thriving, thanks to its radical transparency and its no-compromises stance on user control.
This isn’t another “SaaS for IT” story. Fleet’s offering is one of the only platforms giving real-time, cross-platform visibility across macOS, Windows, Linux, ChromeOS, and mobile. The self-hosted option isn’t just a feature, it’s a manifesto. It’s why companies like Netflix, Stripe, Uber, Reddit, Fastly, and even MrBeast trust it to secure everything from laptops to factory robots.
What got investors leaning in? Proof, not promises. Fleet has grown revenue 6x in two years, pulling in $10.8 million in 2023 with zero signs of slowing. It’s built for scale, pushing 150,000+ devices per instance, integrating with everything from Okta to AWS to Splunk, and helping orgs hit PCI and FedRAMP requirements without breaking a sweat, or a budget.
This new round? It’s not just about growth. It’s about expansion without dilution, of values, of flexibility, of the open-source core that sets Fleet apart. More platform features. Better mobile support. Deeper automation. Stronger MSP and channel ecosystems. And more firepower for teams that don’t want to be boxed in by vendor lock-in and black-box security.
So no, this isn’t just a Series B. This is a momentum shift in enterprise device management. Fleet isn’t chasing compliance, it’s building a world where IT teams can finally manage at scale, on their terms, with tools they trust.
Call it control. Call it clarity. Either way, Fleet’s got both. And they’re about to take the whole system for a ride.
