Apperian, a Boston, Massachusetts-based Enterprise mobile application management (MAM) firm, on Wednesday announced that it has received a strategic investment from Intel Capital, the investment arm of chip giant Intel.
The investment from Intel brings Apperian’s total funding to-date to $28 million, and comes at a time when the company is experiencing rapid growth.
Apperian’s technology helps enterprises manage and secure mobile applications and embrace the growing Bring-Your-Own Device (BYOD) trend.
“Apperian is helping enterprises transform the way they do business by enabling the secure deployment and management of enterprise content and mobile apps,” said Lisa Lambert, vice president of Intel Capital and managing director of the Software and Services sector. “With new mobile devices, operating system updates, and innumerable mobile apps entering the enterprise every day, Apperian makes it possible for IT departments to overcome this complexity and take advantage of the value that enterprise mobility delivers.”
According to a recently released survey from Good Technology, 72 percent of the roughly 100 respondents were already supporting BYOD programs. Eighty percent of those firms had over 2,000 employees, while 60 percent had 5,000 or more – indicating that large enterprises are leading the way with BYOD adoption.
“Traditional approaches to mobile security are intrusive and cumbersome — which frustrates users,” said David Patrick, CEO at Apperian. “We’re taking a different approach by protecting what matters most, the enterprise mobile apps and the data. This drives breakthrough user adoption, especially in BYOD environments.”
Apperian said that it saw 276 percent growth in its subscription business over the past 12 months, mainly from its EASE Platform.
Users of Apperian’s EASE Platform tripled in 2012, the company said, and its customer base more than doubled.
In 2012, Apperian opened up new offices in Europe and expanded its team with several key hires in sales, marketing and engineering.
The strategic investment from Intel follows investments from venture firms including Bessemer Venture Partners, Kleiner Perkins Caufield & Byers, and North Bridge Venture Partners.
