May 4, 2022
Mosyle, the mobile device management firm, has closed a $196 million funding round. It was led by New York-based global private equity and venture capital firm Insight Partners. StepStone Group and all previous investors, including Elephant and Album VC, also participated.
The company has also launched its Apple Unified Platform. Mosyle will use the funding to continue to fuel the platform and company growth with businesses and and educational institutions. Mosyle said its Apple Unified Platform is the first and only solution designed to fully integrate five critical applications into a single Apple-only platform. It combines mobile device management (MDM), endpoint security, internet privacy and security, identity management and application management. This makes it easier for businesses to deploy, manage and protect Apple devices at work and schools, the company said.
Insight Partners’ Rebecca Liu-Doyle
Rebecca Liu-Doyle is managing director at Insight Partners.
“Mosyle’s relentless focus on continuous product innovation, ease of use and world-class 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,” Liu-Doyle said.
Its Apple Unified Platform has enabled Mosyle to “elegantly unify” MDM with a broader suite of mobile security solutions.
A Single Platform
Mosyle’s Apple Unified Platform integrates five previously disparate features and functions into a single platform. This includes:
Enhanced device management: Delivers full MDM for macOS, iOS and tvOS, zero-touch deployment and automated ongoing management, support for shared devices, support for BYOD, and integrations with Google, Microsoft, Active Directory and more.
Endpoint security: Deploys 24/7 protection regardless of location, ensuring devices leverage the latest macOS security tools, follow leading cybersecurity recommendations, and meet industry compliance mandates.
Internet privacy and security: Provides encrypted DNS functionality that automates web filtering and encryption exclusively on Apple endpoints.
Identity management: Combines Single Sign On (SSO) functionality with two-factor authentication. This delivers the highest level of security for all company-owned Apple devices.
Application management: Allows organizations to remotely deploy, update and manage any compatible app on Apple devices. This is regardless of if the app is available on the Apple App Store.
Mosyle’s Alcyr Araujo
Alcyr Araujo is founder and CEO at Mosyle.
“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 funding is validation of this vision and our belief that companies require more than traditional MDM in today’s hybrid work environment.”
He added that explosion of interest in Apple is met with a drastic shift in how we work and learn. Businesses and schools are increasingly adopting hybrid models. This renders legacy network-based management and security tools obsolete. Teams also are adopting countless applications to bolster productivity from afar.
Mosyle claims triple-digit revenue growth since 2020. As part of a growth initiative, the company said it plans to expand its channel program. Mosyle has 32,000 customers.
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