Your Source for Venture Capital and Private Equity Financings

Bitzer Mobile Secures $4.75M

Bitzer Mobile has closed its first institutional round of financing with a total of $4.75M led by Acero Capital, with participation from Chevron Technology Ventures. Bitzer's solution provides enterprise employees with secure access to corporate content and applications.
SUNNYVALE, CA, Bitzer Mobile today announced it has closed its first institutional round of financing with a total of $4.75 million in venture capital led by Acero Capital with participation from Chevron Technology Ventures (CTV). Bitzer's solution provides enterprise employees with access to corporate content and applications from within a secure container. The Bitzer secure container is installed on employees' mobile phone or tablet of choice such as iPhone, iPad, Android, Blackberry and Windows Phone 7 devices. Bitzer's solution is being used by enterprises and SMBs in the healthcare, energy, construction and technology markets.

"Increased employee productivity and satisfaction is driving adoption of personal mobile platforms in the enterprise. We've taken an exhaustive look at the enterprise mobility market, and found Bitzer's platform to be the most comprehensive solution for enterprise mobility needs," said Rami Elkhatib, general partner at Acero Capital. "End users expect two major features when they use their personal mobile device for enterprise access. The first expectation is that of simplicity as experienced in native app usability, and the second expectation is that of zero intrusion on personal data such as pictures, mail, and apps on their device. Bitzer uniquely meets these two hard requirements."

According to a recent study from ABI Research, 35% of employees currently use personal devices at work which will increase the number of enterprise mobility app users to 830 million by 2016. CIOs are looking for enterprise mobility solutions that are easy to deploy, and create isolation between personal and corporate information. Bitzer offers a secure container that provides complete isolation of enterprise and personal information and enables a simple remote mobile container management solution through its Bitzer Enterprise Application Mobilization (BEAM) platform. The BEAM platform is unique in that it offers native experience, multiplatform support, rapid mobilization of enterprise applications, a secure virtual container app for isolation, mobile application management for deploying provisioned apps and mobile container management that allows administrators to apply fine-grained security policies as well as remotely lock or wipe the container.

"Bitzer's comprehensive solution is uniquely positioned to meet the security and authentication needs of enterprises. This round of financing will help us expand our customer support and product development teams and broaden the company's direct and channel sales team," said Naeem Zafar, President and CEO of Bitzer Mobile. "Employees want to have the choice of running apps as HTML5 or native on any device. We fulfill our vision to enable mobile employees' productivity with secure access on the device of their choice."

About Bitzer Mobile
Bitzer Mobile, Inc. makes a software platform for companies to securely extend access to enterprise applications and content on mobile devices as native apps. Companies lower their costs and increase employee productivity using Bitzer's secure platform that supports iPad, iPhone, Android smartphones and tablets, Blackberry and Windows Phone 7 devices and tablets. Bitzer is located in Sunnyvale, California.
(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000 startups and 5,000 VC investors

Featured Reading