MobileIron, a provider of multi-OS smartphone management solutions, today announced a $16 million Series C financing round. Just under a year ago the company raised $11 million in a Series B funding round.
The new capital will be used to support business expansion and investment in innovation.
Foundation Capital joined existing investors Norwest Venture Partners, Sequoia Capital, and Storm Ventures. The investment was led by Paul Holland, general partner with Foundation Capital.
The MobileIron Virtual Smartphone Platform helps companies manage smartphone data, privacy, security, and cost across multiple operating systems.
“We’re excited about the next phase of our company’s growth and continuing our work with our partners and customers to develop technology that solves real business problems,” said Bob Tinker, CEO of MobileIron.
Related MobileIron Content: New Enterprise Management Solution for iPhone 4 and iOS4