Movius Closes $15M Series C Funding Round

Movius, an Atlanta, GA-based provider of cloud-based enterprise mobility solutions, raised $15m in Series C funding.

The round was led by PointGuard Ventures with participation from family offices in the U.S. and a private equity management company in Asia, and existing investors New Enterprise Associates and Anschutz Investment Company.

The company intends to use the funds to invest in expansion and innovation in order to serve existing contracts and to increase subscribers on the Movius platform, currently 50 million users strong.

Led by Krish Panu, CEO, Movius is a global provider of cloud-based enterprise mobility solutions to streamline productivity and communications costs, while addressing the needs for corporate compliance. The company’s applications enables businesses and end-users to organize and analyze their mobile communications experience through separate work mobile phone lines on any BYOD or COPE device.
The platform serves more than 50 million people worldwide and is used by some of the world’s largest mobile carriers.
Movius has five offices worldwide.

FinSMEs

20/06/2017

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