Investors Endorse Cloud Gateway as the Winning Model Against Cyber Crime
SAN FRANCISCO, February 10, 2015— Secure Mobile Gateway pioneer Wandera, today announced $15 million in additional funding to consolidate its position as the global leader in mobile data security and optimization. This latest funding was led by 83North, with participation from existing investor Bessemer Venture Partners. This brings Wandera’s total funding to $23 million.
Leading global organizations, including three of the Big Four accountancy firms, rely on Wandera’s Secure Mobile Gateway to secure their mobile devices from cyber criminals. They also benefit from Wandera’s mobile data optimization and real-time intelligence, which provides granular control and visibility over their data usage and generates immediate ROI.
As a recent example, the security team at Wandera discovered a serious security hole in the popular NFL Mobile app just days before this year’s Big Game between the New England Patriots and Seattle Seahawks. The vulnerability was leaving highly valuable personal information exposed to man-in-the-middle hacker attacks.
“Following the recent Sony Pictures and celebrity iOS hacks, companies are demanding the next generation of mobile security. We have reached a tipping point where businesses must tackle mobile data security threats head-on or face serious repercussions,” said Roy Tuvey, President of Wandera. “We’re thrilled to add 83North as an investor and this capital will help us grow and scale at a time when mobile attacks are growing exponentially across all smart devices.”
The Wandera cloud processes more than 350 million content requests daily for customers with users in 60 countries. Wandera’s partner ecosystem includes AT&T, BT and Samsung as well as integrations with MobileIron, AirWatch and Citrix.
“Wandera’s proactive security and optimization service powered by its unique cloud gateway architecture goes beyond traditional solutions and gives enterprises the confidence to employ mobility as a key productivity tool,” said Erez Ofer of 83North, who will join the Board. “We’re pleased to facilitate Wandera’s aggressive expansion plans across Europe and particularly in North America where they are already securing mobile devices for some of the world’s largest companies and partnering with global telecom carriers and MDM players.”
Wandera is the second successful global security venture from brothers Eldar and Roy Tuvey. They previously founded cloud-based web security market leader ScanSafe, which scaled rapidly to thousands of enterprise customers before being acquired by networking leader Cisco in 2010.
Wandera is the leader in mobile data security and management, protecting enterprises with real-time threat prevention, compliance and data cost management. Wandera’s multi-level architecture, which includes a pioneering cloud gateway for mobile, offers unrivalled visibility and control. With the industry’s largest mobile dataset, Wandera analyzes billions of daily inputs across its network in real-time to detect emerging mobile attacks and protect sensitive company data. Founded in 2012, Wandera is headquartered in San Francisco and London. For more information visit the website wandera4.wpengine.com