AirWatch Expands Series A with $25 Million Investment from Accel Partners
ATLANTA - May 16, 2013 - AirWatch®, the global leader and innovator in mobile security and the largest Enterprise Mobility Management (EMM) provider, announced a $25 million investment by Accel Partners. The funding will help AirWatch accelerate global growth, scale their research and development team and support the innovation and adoption of their content collaboration solution, AirWatch 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.
“Accel Partners and Insight Venture Partners recognize the massive potential of this space, and we are excited to partner with the best growth investors from both coasts,” says John Marshall, president and CEO, AirWatch. “Both firms have been collaborative, and we look forward to leveraging Insight’s resources and Accel’s network and expertise as our rapid growth presents new opportunities for the business.”
“We are proud to have partnered with both Insight Venture Partners and the best management team in mobile enterprise at AirWatch,” says Ryan Sweeney, partner, Accel. “We believe that enterprise mobility currently represents the next big secular technological shift we will encounter, and AirWatch has emerged as the dominant company in this increasingly important category.”
As companies continue to deploy mobile devices, applications and content in record numbers, AirWatch has established itself as the trusted partner of choice for global companies including Delta, Lowe’s, United Airlines, Bureau of Alcohol Tobacco, Firearms and Explosives (ATF), Skanska, PepsiCo, Henry Ford Health System, Mount Sinai Medical Center, Best Buy and Abbott Laboratories. The company currently secures more than 500 new clients per month, and oversees mobile management for businesses that rank among the world’s best, including:
- Four of the top five 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
- Three of the top five U.S. medical device companies
Along with an experienced management and leadership team with decades of understanding mobile complexities, AirWatch retains the most feature-rich EMM platform. The AirWatch EMM platform features integration with leading technology partners focusing on network access control, identity and certificate management, enterprise wireless LAN management, enterprise architecture integration, managed service providers and unified communications. AirWatch’s notable partnerships include Aruba Networks, BMC Software, Cisco, Dimension Data, IBM Global Technology Services, Jeppesen (a Boeing company), Juniper Networks and Siemens Enterprise Communications.
Accel Partners aims to identify and support companies that are leveraging technological disruption to define and own new categories. Accel Partners has been fortunate to partner with Facebook (social web), Cloudera (Hadoop for big data solutions), Atlassian (software development and enterprise collaboration), Qualtrics (real-time enterprise feedback), and other innovators who have defined their industries. Accel has also actively invested in the growth of the mobile ecosystem through support of companies like MetroPCS, Lookout, Braintree, AdMob, MoPub, Spotify, Supercell, and Rovio.
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