Mosyle Raises $196 Million In Series B Funding

By Amit Chowdhry • May 13, 2022
  • Mosyle recently announced it has raised $196 million in Series B funding. These are the details.

Mosyle recently announced the immediate availability of its Apple Unified Platform, the first and only solution designed to fully integrate five critical applications into a single Apple-only platform. And by combining mobile device management (MDM), endpoint security, internet privacy and security, identity management, and application management, Mosyle is making it easier than ever for businesses to seamlessly deploy, manage and protect Apple devices at work and schools. 

The company also announced it has closed a $196 million Series B funding round led by Insight Partners with participation from StepStone Group and all previous investors including Elephant and Album VC. Mosyle’s Apple Unified Platform integrates 5 previously disparate features and functions into a single platform, including:

1.) Enhanced Device Management – Delivers full MDM for macOS, iOS, tvOS, zero-touch deployment and automated ongoing management, support for shared devices, support for BYOD, and integrations with Google, Microsoft, Active Directory and more.

2.) 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. The solution provides native antivirus and malware detection and will continuously scan, isolate, lock and wipe infected devices. It also automates the management and security of privileged accounts with Admin On-Demand, the first and only privileged access management solution for macOS.

3.) Internet Privacy And Security – Provides encrypted DNS functionality that automates web filtering and encryption exclusively on Apple endpoints. By focusing on the device instead of the network, customers get fast, secure, and reliable web privacy and security at work or on the go.

4.) Identity Management – Combines Single Sign On (SSO) functionality with two-factor authentication to deliver the highest level of security for all company-owned Apple devices. And the solution enforces security standardization across every Mac while simplifying the way employees use work credentials to authenticate Macs. It supports Okta, Ping Identity, Microsoft 365, Google Workspace, and more.

5.) Application Management – Allows organizations to remotely deploy, update and manage any compatible app on Apple devices regardless of if the app is available on the Apple App Store.

Mosyle’s culture of innovation, complementary support, and adaptation to market trends has led to triple-digit revenue growth since 2020, and over 32,000 organizations trust the company to manage and secure millions of Apple devices every day. This funding brings the company’s total amount raised to over $215 million.

KEY QUOTES:

“Mosyle’s relentless focus on continuous product innovation, ease of use, and world-class customer support has solidified its position as a preferred platform for enterprises and educational institutions large and small in the growing Apple device management space. With the launch of its Apple Unified Platform, Mosyle is one of the first companies to elegantly unify MDM with a broader suite of mobile security solutions.”

— Rebecca Liu-Doyle, Managing Director at Insight Partners

“Over the past year we’ve aggressively rolled out innovative security and management features that used MDM as a medium to extend protection to other layers of the device. Our new Apple Unified Platform is the direct result of this effort, and delivers on our vision of combining cloud-native architecture, automation, usability and best-in-class customer support for a radically new, fully-integrated approach to Apple device management and security. This funding is validation of this vision and our belief that companies require more than traditional MDM in today’s hybrid work environment.”

— Alcyr Araujo, founder and CEO at Mosyle