Enterproid Closes $11M Series A funding

Enterproid, a New York-based developer of a Platform for enterprise mobility, has closed an $11m Series A funding.

The round was led by Comcast Ventures, with participation from Google Ventures and Qualcomm Ventures.

The company intends to use the funds to extend engineering capabilities, expand distribution and launch a series of global partnerships.

Led by CEO Andrew Toy, the company has developed the Divide™ Platform, which helps companies accommodate and support employee-owned devices and deliver secure access to business productivity applications, without compromising personal privacy.
Currently in beta and soon available on the Android Market, Divide™ delivers multiple profile support, productivity apps and a fully managed environment.
Employees can access a full set of remote management capabilities without installing any desktop or server software or any support from corporate IT.
IT administrators can use the tool to support enterprise-wide policy deployment and enforcement including the ability to see all connected devices, set policies by group, perform remote wipes of corporate data, lock corporate profiles and administer password resets. Divide™ has also built-in expense management tools to help identify roaming devices and display network operator usage data.

Enterproid, which has offices in London and Hong Kong, had already raised a seed funding round from included Genacast Ventures, High Peaks Venture Partners, and NYC Seed.

FinSMEs

06/10/2011

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