BYOD specialist Enterproid, developers of Divide, has secured $12 million in Series B funding round, bringing Divide's total funding to $25 million. Google Ventures led the round with existing investors, including Qualcomm Ventures and Comcast Ventures, also participating; as well as new investors Globespan Capital Partners and Harmony Partners. Starting from this moment, the company will conduct business under the Divide name.
Founded in 2010, Enterproid/Divide offers a no-compromise BYOD solution that works on iOS and Android devices, providing encrypted workspace container on employee devices that keeps business data and apps separate and secure from the personal side of the device. Corporate customers can manage Divide through the cloud-based Divide Manager console or through select mobile device management (MDM) partners. Divide also offers the industry's first customized container so that businesses can extend their brand to mobile devices.
The company will use the new cash to accelerate its growth and capitalize on key partnerships with companies like IBM, Vodafone, Verizon and Tangoe.
Since its launch, Divide has been downloaded more than 200,000 times, and has seen a more than 10 fold increase in paid licenses so far this year.