Nubo Software, a leading pioneer in the emerging
Virtual
Mobile Infrastructure (VMI) market, announced today it has completed a $7 million Series A financing round led by
Magma
Venture Partners along with
Motorola
Solutions Venture Capital.
With this financing, Nubo plans to expand its marketing, sales and
support services for its remote enterprise workspace solution. The first
enterprise mobility provider in the world to develop VMI,
Nubo allows businesses to deliver corporate and consumer mobile apps as
a display from a remote server, ensuring zero data is stored on
employee devices.
With mobility constantly becoming more embedded into corporate strategy, Nubo Founder and CEO Israel Lifshitz believes
more organizations will look to holistic innovations that enhance the
capabilities of mobile end users while ensuring data security and
compliance.
"This is a vote of confidence for the disruptive technology that VMI is
to enterprise mobility, and it's great to see it gaining momentum, with
more organizations seeing
the value and adopting it," explains Lifshitz. "It also speaks to
Nubo's ability to lead this new era and provide solutions that let
businesses capitalize on the strategic benefits of mobility with
security and peace of mind."
VMI technology
affords enterprises a higher layer of security that completely
separates corporate and personal environments without infringing on
employee privacy. Because
the corporate environment is controlled in one remote platform, IT can
develop and manage just one customized app for any Android, iOS or
HTML5-supported device. Enterprises no longer have to spend significant
resources securing devices because they can simply
be disconnected from access to the remote environment.
"Nubo has created an innovative and technologically differentiated
approach that from the ground up is built around the needs of the mobile
enterprise of the future," said Ran Achituv, General Partner of Magma
Venture Partners. "We're proud to partner with
a leadership team that possesses that kind of vision and expertise."
"Today's public safety agencies and commercial enterprises are using
technology to help keep workers out in the field where they are needed,
yet also connected to both the home office and each other," said Paul
Steinberg, Motorola Solutions chief technology officer. "Nubo's
innovative solution enhances mobile data access and
collaboration by maximizing security and simplifying mobile application
management, which ultimately can help create better outcomes
for our customers."
For more information about Nubo, visit https://nubosoftware.com.