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Greylock heads $30m round for Zenprise

12 Oct 2011

Silicon Valley venture capital firm Greylock Partners has led a $30m strategic round of financing for secure mobile device management company Zenprise.

Greylock joined all the company’s existing investors in the round, which will support Zenprise’s rapid growth and accelerate its product development, sales and marketing efforts in order to meet the growing demand for its platforms.

The company provides a range of mobile device management platforms, including Zenprise MobileManager, for on-premise deployments, and Zencloud, for flexible cloud deployments. These offer real-time security, scalability, and high-availability across every major mobile platform including iOS, Android, BlackBerry, Symbian and Windows Mobile.

“The invasion of smartphones and tablets into the enterprise has made secure mobile device management a top priority for IT organisations,” said Greylock partner Asheem Chandna, who has also been appointed to the Zenprise board of directors.

“We’re excited to partner with Zenprise to help build the leading company in this rapidly growing market,” he added.

Greylock Partners, which previously invested in Facebook and Groupon, also led a recent $85m financing round for internet blogging site Tumblr.

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