Home All Stories MobileSpan Raises $2.3 Million in First Round

MobileSpan Raises $2.3 Million in First Round


MobileSpan, a developer of technology that allows employees to safely connect to enterprise systems from their personally owned devices, said on Thursday it has raised $2.3 million in its first round of funding, led by True Ventures. Greylock, K9 Ventures, Alchemist Accelerator and several angels also participated in the round, which the company will use to bolster is marketing and research and development activities. “Bring-your-own-device is sometimes seen as a threat to enterprise IT. But if done right, BYOD is an opportunity for IT to move away from owning and managing hundreds or thousands of devices, towards providing a service to workers using any device,” said CEO Nils Bunger. Read more.