Good Technology Raises $50M On Its Road To An IPO
Mobile device management company Good Technology has raised $50 million, according to a Securities and Exchange (SEC) filing. A company spokesperson confirmed the fundraising but had no comment about the purpose of the raise. The SEC document says the company is seeking a total of $60 million. Founded in 1996 and headquartered in Sunnyvale Good Technology is backed by Oak Investment Partners, Draper Fisher Jurvetson, Meritech Capital Partners, DFJ ePlanet Ventures, DFJ Growth Fund, Rustic Canyon Ventures, Allegis Capital, GKM and Blueprint Ventures. Good Technology plays in the fast consolidating MDM market. It provides enterprise mobility technologies across multiple platforms and security and management software. Its product offerings include Good for Enterprise, Good for Government, Good for OEM Device Manufacturers/Carriers and Good Dynamics. Good puts an emphasis on providing a platform that allows enterprise developers and ISVs to create secure mobile applications. It has been ...
AirWatch Gets $200 Million Series A Funding
Mobile device management startup AirWatch has raised a massive series A round of $200 million, led by Insight Venture Partners. The startup competes with others such as Good Technology and SAP’s Afaria in the mobile device management space. This rides the current “bring your own device” (BYOD) trend, where companies are supporting employee-owned devices such as smartphones and laptops in the workplace. The entrance of new and varied devices into the enterprise can be a mess to manage for companies in terms of plugging the security holes created by the devices accessing the company network. Mobile device management companies come in to help that process, and many also promise to harmonize the implementation of internal software on employee devices across the various platforms they run on. The investment in AirWatch is the biggest in an enterprise company so far this year, according to Business Insider. So far, AirWatch has been bootstrapped by founders John Marshall and Alan Dabbiere ...
Finnish BYOD Startup, Miradore, Raises €1.2 Million Series B, Backed By Inventure, For Global Sales Push
Another BYOD-focused investment to add to the pile: Miradore, a Finnish mobile device management startup, has announced it's just closed a €1.2 million Series B funding round, with new backers including Finnish VC firm Inventure and Belgian ICT executive Willem Hendrickx. Hendrickx has served as an advisor to Miradore since June 2011 and will also now join the board.
BYOD Startup Skycure Inks $3M Seed Round With Israeli VC Pitango
With an estimated 65% of big global companies looking to implement Bring Your Own Device policies by the end of this yea, the BYOD market - which turns your chosen smartphone into a fire-walled enterprise device - is shaping up to be a big market. That spells enormous problems for the likes of RIM's Blackberry, but enormous opportunity for startups that can come up with secure and smart ways for companies to implement this. To this end VCs are taking a healthy interest in the space, and the latest evidence of this is the move by Israeli VC Pitango to lead a $3 million seed investment round in Skycure. We understand this is Pitango’s first investment from Pitango 6, its recently launched new fund aimed at seed rounds. Rona Segev-Gal, General Partner at Pitango, will join Skycure's board.
Investment Firm, Clearlake Capital, Grabs Mformation’s Assets In BYOD Move
Mobile device management (MDM) company Mformation Technologies, which tried to juice millions of dollars from BlackBerry-maker RIM in a patent scuffle but ultimately failed, has been acquired by investment firm Clearlake Capital Group in an assets deal -- the latest move aimed at capitalizing on the BYOD (bring your own device) trend.