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Mosyle rides its device management software to the bank, raising $196M –

MoysleApple Corps’ In 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 196 InVisual Partnership Participation StepStone Team and former investors including Elephant and Album VC. General Manager Alcyr Araujo said the circular, which coincided with Moysle’s introduction of a new product, the Apple Unified Platform for Business, would be introduced to support the company’s growth and “fuel”.[ing] creativity. ”

Mobile device management, or MDM, allows IT management to monitor and manage devices such as smartphones, tablets, and laptops that access business data. MDM is an effective technology such as very, very much Account for employees using special devices to access company apps, which is no doubt why Apple has released MDM for many years Symptoms for business customers. Araujo makes the case, however, that MDM with Apple devices still remains a security and privacy issue.

It is a win-win situation for investors, apparently. While Moysle declined to disclose his rating, Series B is nearly six times the size of the company previous round of funding ($ 32.8 million).

Markets and Markets predict that the global mobile device management market will be worth $ 20.4 billion by 2026, up from $ 5.5 billion by 2021. According to recent CyberEdge Group results explorationwhich shows that your business device (BYOD) business policies increased from 42% in early 2020 to 66% in October 2020, mostly due to widespread homework policies.

“Apple’s growth in the company is growing (and will continue to grow) dramatically, but this comes at a time when workloads are pushing management and network protection to the end,” he told TechCrunch via email. “The challenge [chief information security officers] IT teams are clear. How can we take advantage of Apple devices and unlock the production benefits of these devices (and apps) without exposing the vulnerability or flow of work to employees?

MoSyle

Copyright: MoSyle

Mosyle devices provide device management, end security, internet encryption, and identification and management features for macOS, iOS, and tvOS devices (eg, Apple TV). Using Mosyle, companies can deploy Mac staff, for example, and customize it to install some installed apps and implemented security configurations.

Mosyle’s new Apple Unified Platform goes a long way, bringing virus and antimalware, remote and locking tools, and support for shared devices and priority account management. Apple’s Unified Platform also includes encrypted DNS functionality for network filtering of Apple endpoints and a combination of signal-only functionality with two-factor authentication. In addition, the Apple Unified Platform allows organizations to remotely deploy, update, and manage an app that is compatible with Apple devices regardless of whether the app is in the App Store.

Last year, Apple introduced its comprehensive MDM solution for small and medium-sized businesses, Apple Business Essentials, which doubled device management, customer support, and iCloud storage with a single registration plan. But when asked by vendors he considered rivals, Araujo named Jamf – not Apple – Mosyle’s “biggest competitor”.

A useful pillar

When Araujo launched Mosyle in 2012 in his native Brazil, the company’s product was an iPad-based learning management system for schools. Significance came in 2015, when Mosyle raised $ 1 million to market Apple’s MDM program for K-12 schools. 2018 marks the company’s next major milestone: the launch of Mosyle Business, its first MDM product. Endpoint security monitoring, patch management, and Moysle Fuse identity management updates are coming in 2021.

MDM software has received a bad rap in recent years, especially as the disaster has forced students and staff to move to remote and integrated systems. Soon piece Education Week questions whether they are a covert attack, while 67% of staff surveyed Bitglass 2015 exploration stated that they would participate in the BYOD program if employers could not see or change their personal data and app.

With $ 215 million in cash and 32,000 customers, though, Mosyle’s more than 100 employees – who claim to have experienced “three-digit” revenue growth since 2020 – are preparing for further expansion.

“Throughout this journey, our focus has always been to enhance the experience of organizations with Apple devices, to make Apple the undisputed leader in learning and company use, and to provide all high-quality solutions. A small part of the value of our competitors. Araujo said. “[The] funding is the validity of this theory and we believe in it Companies need more than the traditional MDM in the workplace today.