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Cybersecurity Funding

Mojave Networks Raises $5 Million, Launches Enterprise Mobile Security Offering

Mobile security startup Mojave Networks this week announced that it has closed a $5 million round of funding, in addition to launching a cloud-based, enterprise-grade solution that protects mobile devices starting at the network level.&nbsp

Mobile security startup Mojave Networks this week announced that it has closed a $5 million round of funding, in addition to launching a cloud-based, enterprise-grade solution that protects mobile devices starting at the network level. 

Formerly called Clutch Mobile, the Silicon Valley-based security firm says customers can deploy a mobile security solution in under 10 minutes and gain insight into application usage, data flow, network analytics and malicious threats.

Mojave’s solutions are hosted in the cloud with no on-premise software required and provide key features including:

· Web and Network Security: Analyzes data from the device, apps and network to identify web malware, malicious apps, phishing attempts and advanced persistent threats (APTs).

· Data Loss Prevention: Scans content (including SSL) for sensitive information using robust data loss prevention (DLP) tools. Helps organizations abide by regulations and stay in compliance.

· Mobile Application Security and Control: Allows IT administrators to whitelist and blacklist application access from the device and network. Offers visibility into what applications are running on the network to assess usage patterns, anomalies, and identify potential risks or malicious threats.

· BYOD and Privacy: Provides granular settings to give end users the privacy they require while protecting company data. Privacy settings are fully transparent to the end users.

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· Reporting and Analytics: Features more than 30 customizable dashboards. Reports include information on bandwidth consumed, Android malware, phishing attempts, web malware and potential data leakages.

Mojave currently supports Android and iOS with pricing starting at $4/month for each device.

The $5 million round of funding was led by Bessemer Venture Partners (BVP) with participation from Sequoia Capital.

“At Mojave Networks, we have completely rethought mobile security from an enterprise perspective, helping organizations around the world manage their device security from the network down to each single device,” said Garrett Larsson, CEO and Co-Founder of Mojave Networks. “We are excited about working with Bessemer and joining their long history of helping build great security companies.”

“With the rise of mobile malware and cloud services, it’s obvious that traditional device-based approaches to mobile security are insufficient. This new round of funding will accelerate our vision of bringing a cloud-based approach to mobile security,” Larsson added.

Founded in San Mateo, CA in 2011, Mojave Networks says it already has dozens of customers across several industries including finance, transportation, healthcare, education and government.

Written By

For more than 10 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 the Director of several leading security industry conferences around the world.

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