|By Business Wire
|February 24, 2013 11:01 AM EST
the global leader and innovator in mobile device security and Enterprise
Mobile Management (EMM) technology, today announced at Mobile
World Congress the closing of a $200 million Series A investment.
The equity infusion, led by Insight
Venture Partners, will be used to fund strategic acquisitions,
accelerate global growth and drive innovation and adoption of AirWatch's
content collaboration solution, Secure Content Locker™. The AirWatch
platform, featuring industry-leading mobile device management and
application management, also incorporates the most secure content
management solution. These solutions can be used stand-alone for unique
BYOD requirements or as a comprehensive, highly scalable
enterprise-grade mobility platform.
AirWatch is rapidly expanding with more than 500 new clients per month,
continually delivering first-to-market mobile innovations and product
capabilities. AirWatch manages the largest mobile management deployments
for the top three global Fortune companies, the top four global energy
companies, six of the top 10 global airlines, six of the top 10 global
pharmaceutical companies, seven of the top 10 global consumer product
companies, five of the top 10 global luxury goods companies, two of the
top three global hotel groups, nine of the top 10 U.S. retailers, and
three of the top five U.S. medical device companies.
“With an enhanced balance sheet and greater financial strength providing
much more stability than our competition, this investment is a
significant step to reinforce our solutions during a critical market
pivot,” said John Marshall, president and CEO, AirWatch.
“We’ve had outstanding success building the industry leader with no
outside capital,” added Alan Dabbiere, chairman, AirWatch. “Insight
recognized our achievements to date and is excited to collaborate to
simplify enterprise mobility. This funding will allow us to continue to
build the most flexible and innovative enterprise mobile management
solutions in the world.”
AirWatch’s mobile device security and EMM technology ensures enterprise
mobility deployments are secure and that corporate information is
protected. AirWatch’s advanced features and integrated technology
partnerships provide end-to-end security that extends to the user,
device, application, content, data and network levels.
John Marshall and Alan Dabbiere teamed up to create AirWatch, which was
founded in 2003. Dabbiere also founded Manhattan Associates, the leading
supply-chain logistics software provider, which he shepherded through an
initial public offering in 1998.
“We’re excited to partner with John, Alan and the terrific AirWatch
team,” said Jeff Horing, managing director, Insight Venture Partners.
“The mobile enterprise market is experiencing explosive growth, and
AirWatch has emerged as the market’s leading device management solution,
without raising any outside capital. As the first institutional
investors we hope to support AirWatch’s strong growth trajectory and
further strengthen the company’s leadership in the field.”
2012 Analyst Recognition and Awards
Featured as Leader in Gartner’s 2012 Magic Quadrant for MDM
Forrester - Innovator in Market Overviews, Q1, 2012
Forrester - Cloud-Hosted Mobile Device Management Solutions and
Forrester - On-Premise Mobile Device Management Solutions
The Radicati Group - Named TOP PLAYER in 2012 Mobile Device Management
- Market Quadrant
Enterprise Mobility Forum - Best Mobile Strategy
American Telecom Professionals Technology/Service Provider of the Year
TAG (Technology Association of Georgia) - Impact SSA ISV Award
TAG (Technology Association of Georgia) - Georgia Technology Summit
Top 10 Innovation Award
TMCnet - Cloud Computing Excellence Award
Federal Computer Week - Hot Company in Federal Space
Metro Atlanta Chamber - Phoenix Award Emerging Company of the Year
Info Tech - Identified as a CHAMPION in 2011 Mobile Device Management
Nemertes - PilotHouse MDM Award
Frost & Sullivan - North American Customer Value Enhancement Award
AirWatch is the global leader and innovator in mobile security and
enterprise mobile management with 6,000 customers and 1,200 global
associates. The largest customer base, combined with the largest
research and development team in the industry, allows AirWatch to
provide the broadest functionality at the lowest cost. www.air-watch.com
About Insight Venture Partners
Insight Venture Partners is a leading venture capital and private equity
firm investing in eCommerce, Internet, on-premise and SaaS-based
software and data-services companies. Founded in 1995, Insight has
raised more than $5 billion and made more than 150 investments
worldwide. Our mission is to find, fund and work successfully with
visionary executives who are driving change in their industries. We
provide founders with practical, hands-on growth expertise to foster
long-term success. For more information, visit www.insightpartners.com
and follow us on Twitter at @insightpartners
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