Enterproid, a US-based technology company which has developed Divide, a secure mobile platform for enterprises operating with employee-owned smartphones on a Bring-Your-Own-Device (BYOD) basis, has secured $12m in series B funding led by Google Ventures, the corporate venturing division of internet search firm Google; the funding includes participation from existing investors Comcast Ventures, the venture capital affiliate of cable television company Comcast Corporation, and Qualcomm Ventures, the venture investment group of of US-based semiconductor and telecoms equipment company Qualcomm Incorporated, as well as new investors, venture capital firms Globespan Capital Partners and Harmony Partners.
Enterproid will now conduct business under the Divide name. The latest investment brings Divide’s total funding to $25m.
Andrew Toy, Divide chief executive officer, said: “Divide provides a simple, secure and standardized solution for BYOD that is unique in its ability to win over both IT decision makers and employees. We’re taking this opportunity to embrace the Divide name, which best embodies the work we do in securing business data on employee-owned devices.”
Rich Miner, general partner at Google Ventures, said: “With the changes in the mobile landscape, enterprises are looking for a way to transform today’s smartphone into an enterprise-ready mobile device. Divide delivers a fully functional smartphone experience, while adding all the security, policy enforcement, manageability and core apps you’d expect from a best-in-class enterprise mobile platform.”
Divide was founded in 2010.