Mocana, a San Francisco, CA-based smart device security company, has raised $25m in Series D funding.
The round was led by Trident Capital, with participation from existing investors Intel Capital, Shasta, Southern Cross and Symantec.
The company intends to use the capital to scale the scale its Mobile and Device Security Platform.
In conjunction with the funding, J. Alberto Yépez, Trident Capital managing director, will join Mocana’s board.
Launched in 2004 and led by CEO Adrian Turner, the company provides the Mocana Mobile Application Protection (MAP) solution thay gives enterprises fine-grained, cross-platform security management control over mobile apps, without requiring them to write codes, or to have access to the source code of the original app.
MAP works on apps deployed inside the enterprise, and it secures apps deployed to devices that the enterprise doesn’t directly control.
The company recently launched its Security Detail™ solutions which give device manufacturers a common, open standards-based tool to solve security across entire connected, smart device portfolios.
Clients include Intel, General Electric, Cisco, Honeywell, General Dynamics, Freescale Semiconductor, LG, Good and Siemens, among others in the smartphone, data communications, medical device and SCADA-industrial markets.
FinSMEs
23/08/2012