The amount of the transaction was not disclosed.
The company intends to use the funds to accelerate global growth, expand industry partnership and continued technology and product innovation.
Led by Dan Gittleman, CEO, OpenPeak provides ADAM (the Advanced Device and Application Manager), a platform that provides mobile device and application management as a cloud hosted service. Capabilities include pushing and removing apps, setting policies for passwords, configuring VPNs, defining policies, and locking and wiping a device remotely.
ADAM is offered as a white label solution through carriers and large OEMs worldwide.