Wandera secures $27.5 million, cites machine learning as key to future success
Enterprise mobile security provider Wandera has announced it has raised $27.5 million in a series C funding round, with promises of more products to come.
The funding, which more than doubles Wandera’s stake to date, takes the company’s total to $53.5m, with the latest round being led by Sapphire Ventures.
“With the financing under our belt, we relish the ability this has given us to deploy the funds and build out our technologies, our infrastructure and our team,” Eldar Tuvey, co-founder and CEO at Wandera, wrote in a blog post announcing the news.
Wandera provides a variety of offerings around enterprise mobile security and data management covering the app, network and device layers. The company also specifically touts itself as a complement to enterprise mobility management (EMM) software and has the vast majority of players in that space on board, partnering with Citrix, Jamf, MaaS360, MobileIron, Microsoft and VMware AirWatch among others.
“As we add more companies and mobile devices to our platform, each one helps to improve our reach, our performance, our identification of threats and the accuracy of our machine learning engine,” Tuvey wrote. “In turn, this improvement delivers the benefits back to our customers.”
Tuvey also cited machine learning as key to the company’s future. “The growth in the platform is what we see as leading us to our next big push – trying to make sense of the terabytes of mobile data we see across the world daily,” he wrote. “Rather than ignoring or graphing it, we will try to understand it using machine learning and experienced researchers to uncover patterns, anomalies, learnings and vulnerabilities for our customers.”
You can read the full post here.
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