Nerdio, a cloud management platform, has successfully raised $500 million in a Series C funding round, significantly increasing its valuation to over $1 billion. The Chicago-based startup, which originated from IT-as-a-service firm Adar, aims to simplify Microsoft cloud technology management for companies like PayPal and Sony. With this investment, Nerdio plans to expand its product offerings, focusing on Azure Virtual Desktop and Windows applications. Additionally, the company intends to grow its workforce from 300 employees to enhance customer support and engineering capabilities.