Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

AirWatch Takes $25 Million Investment from Accel Partners

AirWatch, a provider of mobile security and mobile device management (MDM) solutions, on Tuesday announced that it has taken a $25 million investment from VC firm Accel Partners

AirWatch, a provider of mobile security and mobile device management (MDM) solutions, on Tuesday announced that it has taken a $25 million investment from VC firm Accel Partners

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.

AirWatch Raises $25 Million“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.

Advertisement. Scroll to continue reading.

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.”

Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is founder and director of several leading cybersecurity industry conferences around the world.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Delve into big-picture strategies to reduce attack surfaces, improve patch management, conduct post-incident forensics, and tools and tricks needed in a modern organization.

Register

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

Register

People on the Move

Anurag Jain has been appointed Senior Vice President of Engineering at CodeHunter

CTERA has appointed Tal Sarfaty as Senior Vice President of Cybersecurity.

Quantum Secure Encryption has named Michael Massing as Chief Technology Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.