MobileIron Raises $16 Million To Manage Smartphones In The Enterprise
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Mountain View, Calif.-based MobileIron has raised $16 million in a third round of funding to help develop a platform that manages everything from iPads to smartphones in the enterprise.
The round was led by Foundation Capital, reports peHUB. Also participating was its existing investors Storm Ventures, Sequoia Capital, Norwest Venture Partners and Big Basin Ventures.
The company said it will use the money to support MobileIron’s expansion. MobileIron was founded in 2007 and also has offices in the Netherlands, as well as Hyderabad, India. It raised $9 million in August 2009.
Posted In: Mobile, Money, M&A & Venture Capital, Venture Capital, big basin ventures, foundation capital, mobileiron, norwest venture partners, sequoia capital, storm ventures
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