, an enhanced mobile device manager (MDM), raised a $196 million Series B led by New York-based The funding announcement coincides with the company���s launch of a new ���Applied Unified Platform��� aimed at integrating five applications into a single -only solution.
Winter Park, Florida-based Mosyle, founded in 2013, is essentially an MDM, although Mosyle CEO and founder says the company offers more than that.
“Companies require more than traditional MDM in today���s hybrid work environment,” Araujo said via email. “So, over the past year, we���ve aggressively rolled out innovative security and management features that used MDM as a medium to extend protection to other layers of the device.”
This allows multiple applications on Apple devices to work for education and enterprise customers, he said. Although not specifically a cybersecurity company, a large part of what it does is beef up security on Apple devices and networks.
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In general, funding for cybersecurity startups remains high despite an overall slowing in venture investment in 2022. Venture investment in cyber startups hit almost $6 billion in Q1 2022, according to 蹤獲弝け data. That marks a nearly 50 percent increase from the same period last year. This also puts investment in the sector on track to break the all-time high for one year set in 2021 with more than $20 billion poured into the space, according to 蹤獲弝け data.
For its part, Moslye has raised $52 million to date (excluding this recent investment), according to
The funding will be used to fuel the Apple Unified Platform and support Mosyle���s growth among business and educational institutions of all sizes, according to the company
The company���s focus on product innovation, ease of use and customer support has ���solidified its position as a preferred platform for enterprises and educational institutions large and small in the growing Apple device management space,��� said Insight Partners��� in a statement.
New York-based and all previous investors including Boston-based and Lehi, Utah-based also participated in the round, according to the company.
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