MobileIron Raises $40M in Series E Mezzanine Financing
MobileIron, a Mountain View, CA-based Mobile IT platform that provides multi-OS mobile application management, has raised $40m in Series E mezzanine financing.
The round, which brings the company’s total funding to $97m, was led by Institutional Venture Partners which joined existing investors Foundation Capital, Norwest Venture Partners, Sequoia Capital, and Storm Ventures.
MobileIron intends to use the capital for product innovation.
Led by Bob Tinker CEO, the company has built its platform to secure and manage mobile apps, data, and devices for global companies. Available as an on-premise or a cloud solution, it provides tools for multi-OS mobile device management (MDM), mobile application management (MAM), and BYOD privacy controls. MobileIron offers multi-OS management across all of the leading mobile OS platforms including Android, BlackBerry, iOS, Symbian, webOS, and Windows Phone.