According to the company, the funding will help accelerate global growth and scale research and development.
In addition to offering a mobile security and device management platform, AirWatch also offers a secure content management solution, Secure Content Locker, which the company said would also benefit from the investment, which will be used to fuel new innovations.
AirWatch’s solutions can be used stand-alone for unique BYOD requirements or as a scalable enterprise-grade mobility platform.
“Accel Partners and Insight Venture Partners recognize the massive potential of this space, and we are excited to partner with the best growth investors from both coasts,” said John Marshall, president and CEO, AirWatch. “Both firms have been collaborative, and we look forward to leveraging Insight’s resources and Accel’s network and expertise as our rapid growth presents new opportunities for the business.”
“We believe that enterprise mobility currently represents the next big secular technological shift we will encounter,” said Ryan Sweeney, partner at Accel, in a statement.
AirWatch claims more than 6,500 customers around the world, including Delta, Lowe’s, United Airlines, Bureau of Alcohol Tobacco, Firearms and Explosives (ATF), Skanska, PepsiCo, Henry Ford Health System, Mount Sinai Medical Center, Best Buy and Abbott Laboratories.
The company said that it is adding more than 500 new clients per month.
Earlier this week, the company launched AirWatch Professional, a new solution designed to provide small businesses with MDM functions.
Deployed in the cloud, AirWatch Professional enables administrators to remotely manage mobile devices across multiple mobile operating systems (Apple iOS, Android, Symbian, Windows Phone and Windows Phone 8) and is available in 15 languages.
“AirWatch Professional is specifically designed for small businesses that require simplicity and ease-of-use to operate efficiently and effectively,” Marshall said. “While providing the most advanced and innovative feature set for enterprises, we also recognize the challenges that small businesses face with mobility management.”