Workspot Secures $6.5M in Series A Funding From Helion Ventures, Translink
Capital and Qualcomm
Workspot Aims to Redefine Mobile Application and Data Access
CUPERTINO, CA -- (Marketwired) -- 07/18/14 -- Workspot, a leading
provider of Workspace-as-a-Service solutions, today announced it has
secured $6.5 million in Series A funding led by Helion Ventures along
with Translink Capital and Qualcomm Inc., through its venture
investment group, Qualcomm Ventures. Workspot is introducing new ways
for mobile workforces to seamlessly access business applications and
data from any mobile device. Workspot has created a 100 percent
cloud-based solution for IT administrators called Workspot Control,
and a mobile application for Android and iOS end-users called
Workspot. The Workspot application is a unified workspace, allowing
end users to easily access their data and applications behind a
firewall from any mobile device.
"Workspot is tackling a universal problem faced by IT departments of
all sizes in the post-PC era; employees' increasing use of mobile
devices to work, secure and gain seamless access to business
applications and data has become a major challenge. Most of the
competing solutions are antiquated and rooted in complex on-premise
infrastructure that only superficially touches the cloud," said
Ashish Gupta, senior managing director at Helion Ventures. "We're
impressed with how Workspot has radically simplified the end user
experience, as well as provided a 100 percent cloud solution that
simplifies deployment for IT."
Workspot's cloud-based solution offers complete flexibility for IT
administrators to manage mobile access for enterprises and provides
an easy to deploy solution that saves on cost and time, and requires
no new infrastructure or complex software.
"Workspot is redefining enterprise mobility, giving IT professionals
a much simpler, cost effective BYOD solution, while giving employees
a secure contained workspace on their devices," said Amitabh Sinha,
CEO of Workspot. "We're pleased to welcome our new investors from
Helion, Translink Capital, and Qualcomm Ventures. Their funding will
enable Workspot to tackle the needs of the evolving mobile enterprise
and allow us to scale up on bringing our 100 percent cloud-based
solution to more end users and IT administrators."
"Organizations across the world have been struggling to solve BYOD.
Previous solutions like Virtual Desktop Infrastructure (VDI) and
Mobile Device Management (MDM) haven't solved the problem," said
Toshi Otani, co-founder and managing director at Translink Capital.
"Workspot has built an elegant solution that provides great user
experience to users, but also simplifies the deployment for IT. The
Workspot solution is ready for early adopters of mobile technology in
Korea, Japan and Greater China."
"The smartphone era has created new challenges for IT organizations
that require giving mobile employees easy and secure access to their
core business applications and data while on the go," said Albert
Wang, director, Qualcomm Ventures. "Workspot has built a mobile
access solution that provides a seamless user experience, enabling
higher productivity for employees with mobile devices, while
improving data security."
"We've been running Workspot since September 2013, and it's enabled
our internal teams to serve the City of Milpitas in real time," said
Michael Luu, information security director for City of Milpitas in
California. "We have a lean IS team and when we evaluate solutions, a
key criteria to selecting a vendor is their approach to architecture.
Workspot's cloud approach where the data and control are separate
stood out to us, and being able to leverage our existing Cisco VPN
investment was important. We didn't want to add more work to our
security team, and not having to purchase or maintain hardware in our
data center like a MDM solution was a different approach than the
Workspot launched in April 2013 and was recently listed as a "Cool
Vendor" in the Gartner report on Cool Vendors in Endpoint Computing
published May 9, 2014.* Workspot was created by a team of experienced
technologists with backgrounds from Citrix, VMware, Oracle, Juniper
Networks, Cisco, Symantec and Microsoft. Prior to its Series A round,
Workspot had raised a $3.3 million round of seed from Qualcomm
Ventures, Kleiner Perkins Caufield & Byers, Webb Investment Network,
and angel investors.
Workspot provides a powerful Workspace-as-a-Service solution for
firms of any size to securely deliver core business apps and data on
personal mobile devices. Workspot believes today's mobile workforces
need to be empowered to work from anywhere with seamless access to
their business apps and data across mobile and desktop platforms.
Designed to leverage a firm's existing infrastructure, firms using
Workspot no longer have to tolerate costly investments, installation
of new boxes or time-consuming deployments. Workspot's 100 percent
cloud-based solution takes mobile device management, as well as
application and data delivery to a whole new level. Founded in 2012,
Workspot investors include Helion Venture Partners, Translink
Capital, Qualcomm Ventures, Kleiner Perkins Caufield & Byers and Webb
Investment Network. For more information, visit www.workspot.com or
follow us on Twitter @workspotinc.
* Gartner Cool Vendors in Endpoint Computing, 2014 #G00264017,
published May 9, 2014. Analyst(s): Michael A. Silver, Nathan Hill,
Mark A. Margevicius, Federica Troni.
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