Enterprise mobility developer SkyGiraffe raises $3m in series A funding
Picture credit: Itay Braun/YouTube
This publication is always keen on featuring interesting companies with something to say in enterprise mobility – and the next cab off the rank is enterprise mobile development tool SkyGiraffe, which has announced a series A funding round of $3m.
SkyGiraffe, which is headquarted in Menlo Park with development operations in Israel, closed the round of funding led by Trilogy Equity Partners, alongside existing investor 500 Startups. The company had taken strategic investment from Microsoft Ventures in the past.
The company describes itself as an “enterprise grade, full-stack platform that mobilises line of business applications.” In other words, this is enabling straightforward, no code deployment of mobile versions of enterprise apps and software.
We’ve seen this idea before: Reddo Mobility, which announced $4.25m of funding in January, ports virtualised Windows desktop apps to mobile devices through HTML5-powered virtualisation technology. Yet investors are getting behind SkyGiraffe, and others, because of the emerging concept of developing enterprise mobile apps, but without the expense and time delay of building them bespoke.
Half of companies polled by independent research company Opinion Matters in October said they had a backlog of 10 and 20 enterprise apps in development, with apps taking upwards of a year to complete. There are ways of getting around this logjam, through standardisation, simplicity in code and reusable components, as Simon Pitt, mobile team lead at the BBC, told an audience at Apps World Europe in November, but it’s becoming clear there’s a gap in the market for app development.
“Building a mobile app typically takes six to 12 months,” said Parker Thompson, partner at 500 Startups. “SkyGiraffe brings enterprise mobility the 10x solution everyone is looking for.
“We invested in SkyGiraffe because their technology solves the real problem of enterprise mobility – linking mobile to underlying systems. Everything else gives marginal added value, whereas SkyGiraffe is a paradigm shift.”
You can find out more about the company here.
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