Mobile device

Mosyle raises $196 million for its mobile device management platform for Apple devices

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Today, mobile device management (MDM) vendor Mosyle announced the general availability of Apple’s Unified Platform, a solution that combines MDM, endpoint security, entity management, and application management into a single solution for deployment and management of Apple devices.

Mosyle also announced that it had raised $196 million in a Series B funding round.

For businesses, Mosyle’s product offers an automated solution to protect and manage Apple devices through a centralized platform, rather than using a patchwork of device management solutions.

Mitigating Apple Device Security Challenges

The release comes as adoption of Apple devices has increased during the COVID-19 pandemic, with research highlighting that use of Mac laptops in the enterprise increased by 63% in 2021, and 53% of IT decision makers claim that requests for Apple devices have increased over the past two years.

“Apple’s adoption in the enterprise and education markets is growing rapidly. However, customers are trying to manage and protect their Apple devices with generic solutions from Windows-focused vendors who have tailored their offerings to support Apple devices after the fact. And that poses problems. said Mosyle CEO Alcyr Araujo.

Mosyle aims to solve this problem with a unified platform that focuses on securing Apple devices and terminals

“Customers today rely on multiple solutions running on the same endpoint with no integration between them. This makes management extremely cumbersome and inefficient in terms of automation,” Araujo said.

Araujo says that by meeting the needs of Apple devices through a single platform, customers can automate workflows that were previously impossible, such as automatically isolating or wiping a malware-infected device without any manual action.

A dive into the mobile device management market

Mosyle is part of the MDM market, which researchers say will grow from a valuation of $5.5 billion in 2021 to $20.4 billion by 2026, as security teams attempt to implement Security controls on devices located beyond network perimeter defenses.

One of Mosyle’s biggest competitors in the market is Jamf, an Apple device management provider that enables users to automate the lifecycle management of Apple devices with account provisioning, identity management, contactless deployment, compliance monitoring and threat hunting.

The solution is used by more than 60,000 companies and raised $468 million when it went public two years ago.

Another competitor is cloud-based Apple MDM provider Addigy, which offers automated device enrollment, remote monitoring and remediation capabilities.

Mosyle’s native integration for Apple devices helps differentiate it from competitors.

“Mosyle customers have access to premium Apple specialty solutions with native integration and automation for all of their Apple needs at a lower price than any individual module if purchased in isolation,” said said Araujo.

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