US-based mobile enterprise company Bitzer Mobile closed its series A funding round on Tuesday, having raised $4.8m from investors including Chevron Technology Ventures, the corporate venturing unit belonging to energy conglomerate Chevron.
The round was led by Acero Capital, and the final series A figure includes $1.5m originally secured in July. Bitzer provides a container which, once installed on an employee’s smartphone or tablet, enables them to access corporate content and applications securely from anywhere.
Naeem Zafar, chief executive officer of Bitzer Mobile, said: "Bitzer’s comprehensive solution is uniquely positioned to meet the security and authentication needs of enterprises. This round of financing will help us expand our customer support and product development teams and broaden the company’s direct and channel sales team."