Tuesday, February 10, 2015

Wandera Raises $15 Million for Cloud-based Mobile Data Gateway

Wandera, a start-up based in San Francisco and London, raised $15 million in new funding for its work in mobile data security and optimization.

Wandera’s Mobile Data Gateway is a scalable cloud offering that sits in the path of mobile data in between employee devices and the Internet. This helps enterprises to secure the mobile data usage of employees. Wandera also adds mobile data optimization and real-time intelligence capabilities. The company said its Wandera cloud currently processes more than 350 million content requests daily for customers with users in 60 countries. Wandera's partner ecosystem includes AT&T, BT and Samsung as well as integrations with MobileIron, AirWatch and Citrix.

The latest funding round was led by 83North, with participation from existing investor Bessemer Venture Partners. This brings Wandera's total funding to $23 million.

"Following the recent Sony Pictures and celebrity iOS hacks, companies are demanding the next generation of mobile security. We have reached a tipping point where businesses must tackle mobile data security threats head-on or face serious repercussions," said Roy Tuvey, President of Wandera. "We're thrilled to add 83North as an investor and this capital will help us grow and scale at a time when mobile attacks are growing exponentially across all smart devices."


Wandera was founded by brothers Eldar and Roy Tuvey, who previously founded cloud-based web security market leader ScanSafe, which scaled rapidly to thousands of enterprise customers before being acquired by networking leader Cisco in 2010.