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Apple Device Management Firm Fleetsmith Raises $30 Million

Fleetsmith, a San Francisco-based company that provides device management solutions for Apple products, on Monday announced that it raised $30 million in a Series B funding round.

Fleetsmith, a San Francisco-based company that provides device management solutions for Apple products, on Monday announced that it raised $30 million in a Series B funding round.

The round was led by Menlo Ventures, with participation from Tiger Global Management, Upfront Ventures and Harrison Metal. This Series B brings the total raised by the company to over $40 million.

The funding will be used by Fleetsmith to improve its platform, expand its international presence, and hire people in various roles.

Fleetsmith’s solutions are designed to help organizations automate device setup, inventory, patching and security for their Apple devices. The company’s flagship product, Fleetsmith Intelligence, supports not only macOS devices, but also devices running iOS and tvOS.

The firm on Monday also unveiled a new admin console designed to provide more advanced visualization and performance capabilities. The new console, scheduled to become available in the next few months, will also introduce bulk editing and other features that should make it easier for system administrators to manage a large number of devices.

Fleetsmith says the new console will also anticipate common tasks, such as adding new devices.

“We were immediately impressed by Fleetsmith’s customer and product-centric mentality,” said Naomi Pilosof Ionita, a Menlo Ventures partner who will join Fleetsmith’s board of directors. “They are solving real pain points around device management and their product empowers IT, management, and security teams. Customers recognize the value of Fleetsmith in minutes—not weeks or months. It’s the way a modern product built for IT should work.”

Related: Intel Launches IoT Device Management Service

Related: Macs in Enterprise Can Be Hacked on First Boot

Related: Attackers Target iPhones Using Open Source MDM Solution

Related: Researchers Find ‘Authentication Weakness’ in Apple’s Device Enrollment Program

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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