USA, MobileIron Raises $11m in Series B Funding

MobileIron announced its $11m Series B financing round co-led by Norwest Venture Partners, Sequoia Capital, and Storm Ventures.MobileIron is a company dedicated to making smartphones enterprise-ready, solving problems chief information officials face as enterprise data moves to the smartphone. MobileIron’s Virtual Smartphone Platform uses proprietary mobile data virtualization technology to provide both smartphone management and real-time wireless cost control to IT and end-users.

Gaurav Garg, Partner at Sequoia Capital was reported as saying that “MobileIron’s innovative technology positions it to play a pivotal role in the expansion of smartphones in the enterprise”.

Bob Tinker, CEO of the Sunnyvale-based company said that “our mission is to enable our customers to embrace smartphones throughout their organizations and our partnerships with Norwest, Sequoia, and Storm play an important role in our ability to do this”.

FinSMEs

18/08/2009

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