McLean, Va. – Amplifier Ventures, an early-stage venture capital fund based in McLean, said on Tuesday it has provided an unspecified amount of seed funding to McLean, Va.-based SpydrSafe Mobile Security, the developer of a mobile security platform designed to prevent corporate data breaches.
Financial terms of the deal were not disclosed. SpydrSafe had been operating in stealth mode since its formation in early November.
The company’s technology will allow employees to use their own Android devices at work while protecting the corporate information they access.
SpydrSafe was founded by Michael Pratt, most recently the chief operating officer of CardStar, and Kevin Sapp, most recently the chief architect of mobile at McAfee. Both were previously part of the senior management of Trust Digital, a venture-backed provider of mobile device management technology acquired by McAfee in 2010.
“Employees want to use their personal devices to play videos, download games and access enterprise applications and data,” said Jonathan Aberman, the managing director of Amplifier. “SpydrSafe’s approach to this problem is unique and elegant, and satisfies the needs of both enterprise IT and employees.”
This article was also published in Potomac Tech Wire.
Press release – http://tinyurl.com/7ejsqsq