MobileSpaces provides a policy-managed BYOD workspace using proprietary Application Virtualization technology that enables enterprises to use any mobile app while securing enterprise data and isolating employees' personal apps. Its app-centric approach lets enterprise apps run natively and share information within a secured workspace, positioning the company beyond traditional MDM and container solutions. MobileSpaces emphasizes preserving app licensing, distribution and updates while allowing IT to tailor workspaces per employee. The company highlights support for public app store apps as well as built-in and custom apps and was noted in Gartner’s Cool Vendors Report for 2013. MobileSpaces said the recent financing will support rapid expansion of its team, including sales and marketing, to capitalize on its technology. MobileSpaces offers a workspace or container app that employees download from app stores (for example, Google Play) to access their companies' data securely on personal phones. The product isolates enterprise apps and data while preserving employee privacy and supports controls such as special passcodes, data-at-rest encryption, and remote data wiping if a device is lost or stolen. The company charges about $5 per device per month for corporate clients. MobileSpaces is positioned for the BYOD market, addressing the roughly 40% of enterprise mobile devices that its spokesperson David Goldschlag says are personally owned. Competitors are split between mobile device management vendors and container-strategy providers; named competitors in the article include MobileIron, Zenprise, and Air Watch. The company is based in Washington, D.C.

Total raised

$12M

Funding rounds

2

Latest round

Series B

Latest activity

Jul 2013