Mobile device

Mobile device management firm Mosyle secures $196 million in funding

The company has seen triple-digit revenue growth since 2020.

Mosyle, the mobile device management company, closed a $196 million funding round. It was led by Insight Partners, a New York-based global private equity and venture capital firm. StepStone Group and all previous investors including Elephant and Album VC also participated.

The company also launched its Apple Unified Platform. Mosyle will use the funding to continue to fuel the platform and company growth with businesses and educational institutions. Mosyle said its Apple Unified Platform is the first and only solution designed to fully integrate five mission-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 in schools, the company said.

Rebecca Liu-Doyle of Insight Partners

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 cemented its position as the preferred platform for businesses and educational institutions large and small. , in the growing Apple device management space,” Liu-Doyle said.

Its Apple Unified Platform has allowed 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:

  • Improved device management: Provides comprehensive MDM for macOS, iOS, and tvOS, zero-touch deployment and automated ongoing management, shared device support, BYOD support, 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 .
  • Privacy and Internet Security: Provides encrypted DNS functionality that automates web filtering and encryption exclusively on Apple devices.
  • Identity management: Combines single sign-on (SSO) functionality with two-factor authentication. This provides 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 whether the app is available on the Apple App Store.
Alcyr Araujo of Mosyle

Alcyr Araujo of Mosyle

Hybrid work

Alcyr Araujo is founder and CEO of Mosyle.

“Over the past year, we have aggressively deployed innovative security and management features that used MDM as a way to extend protection to other layers of the device. This funding is a validation of that vision and our belief that enterprises need more than traditional MDM in today’s hybrid work environment.

He added that with the explosion of interest in Apple comes a sea change in the way we work and learn. Businesses and schools are increasingly adopting hybrid models. This makes old network-based management and security tools obsolete. Teams are also adopting countless apps to boost remote productivity.

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.