MobileSpaces Closes $8.6M Series B Funding

MobileSpaces, a Washington, DC-based enterprise mobile security startup, closed a $8.6m Series B funding.

Backers included Marker LLC and Accel Partners.

The company intends to use the funds to expand the sales and marketing teams.

Founded in 2011 (as CellSec) by David Goldschlag, CEO, and Yoav Weiss, CTO, MobileSpaces uses proprietary Application Virtualization technology to offers a policy-managed BYOD workspace that enables the use of any mobile app – built-in, custom or public app store apps – to create customized workflows. It allows IT administrators to create a policy that includes the mobile apps for workspace use, providing a tailored workspace for each employee while preserving how mobile apps are licensed, distributed and updated.
Within the workspace, enterprise apps run natively and share information, and enterprise data is isolated.

The company has offices near Tel-Aviv, Israel.

FinSMEs

24/07/2013

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