Enormous increase in sales due to heightened demand for remote desktop software. Further investments are planned to expand the work-from-home product range and broaden international operations.
For AnyDesk, one of the fastest-growing technology companies in Germany and one of the leading providers of remote desktop solutions, 2020 was the most successful year in its history. The increasing global demand for remote software solutions, not least due to the coronavirus pandemic, has contributed to revenue growth of more than 170 percent compared to the previous year. In addition, the recent capital increase in AnyDesk from Insight Partners, a global venture capital and private equity firm, shows their confidence in the development of AnyDesk.
Significant growth in 2020
Remote desktop software is in demand worldwide as never before and will remain very strong in the future due to the accelerated work-from-home trend. This trend has contributed to massive growth for AnyDesk, where the number of downloads of its software doubled from 150 million to 300 million in 2020. In the past financial year, AnyDesk has also doubled the number of its paying customers to 50,000. As a result of the growth, the company’s number of employees has also grown to more than 90 since its founding in 2014.
“We are incredibly proud of the business development of our company,” said Philipp Weiser, founder, and CEO of AnyDesk Software GmbH. “We will build on this, establish ourselves even more broadly internationally and establish AnyDesk as the preferred software solution even after the crisis. Our focus is, of course, still on the further development of our product. The key to our success is how well we meet the needs of our customers and users. With our fast, secure and reliable software, we are a strong partner for companies that – not just during the global pandemic – have to work more in a more decentralized manner and ensure their employees working from home have secure access to their devices and can collaborate from a distance successfully.”
The Stuttgart-based company’s geographical expansion to strengthen AnyDesk’s position in certain key markets is also progressing rapidly. The new North American headquarters in Clearwater, Florida opened this year. Additionally, AnyDesk will start operating a subsidiary in Asia in early 2021.
Global Player Insight Partners is stocking up its share
A further growth accelerator is the additional investment from New York-based venture capital and private equity firm Insight Partners. The global growth investor recently increased its stake in AnyDesk in November, which comes on the heels of its original investment less than a year ago. The capital inflow by investors supports the company’s current valuation of 400 million euros. “AnyDesk continues its impressive growth story,” said Thomas Krane, Principal at Insight Partners. “We are pleased to continue to help in the next phase of growth with know-how and our global network to further expand and internationalize the strong position of this company.”
Focus for 2021 on continued growth
AnyDesk will continue its ambitious growth strategy in the coming year. These include the further international orientation of the brand and the associated expansion, the expansion of its position in the European home market and the expansion of the work-from-home product range. Increased investments in research and development and marketing and sales are planned to support these strategies.
About Insight Partners
Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all.
AnyDesk was founded in Germany in 2014. AnyDesk is one of the 50 fastest-growing businesses in Germany and its technology is trusted by millions of people and more than 25,000 companies in 173 countries, including leading Fortune 500 brands. The software is based on the company’s unique proprietary codec, DeskRT, which allows for virtually latency-free collaboration, no matter where users are located around the world. We believe in software that enhances the creativity and productivity of its users. That’s why it’s our mission to build products that enable users to accomplish great things–anytime, anywhere. Find out more at www.anydesk.com.
AnyDesk Software GmbH
2729 State Rd 580