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Vaultus Mobile Technologies, a leader in extending business-critical
applications to handheld devices, recently announced that it has closed a $6
million expansion round. The expansion round of financing was lead by Point
Judith Capital with participation from existing investors Susquehanna
International Group and IDG Ventures.
The funding will enable
Vaultus to accelerate its growth in the mobile space, building its sales and
partnership channels to extend its leadership position in the burgeoning mobile
market. Vaultus has been focused on mobilizing the enterprise since its founding
in 2000 and continues to roll out real-world deployments of mobile enterprise
applications.
“Mobile is the future
of the enterprise application. Over the next few years every major corporation
is going to have to be sure that any application they deploy be available
anywhere at any time,” said David Martirano, general partner at Point Judith
Capital and Vaultus board member. “Vaultus is positioned for strong growth, not
only because of the market, but because it has the right technology, the right
management team and the strong partnerships that will propel it forward.”
Today Vaultus works
with some of the biggest names in the financial services, healthcare and retail
sectors. With unrivaled ease of use, Vaultus extends existing CRM, help desk and
custom applications to mobile applications that workers want to use. Customers
include Merrill Lynch, State Street, ING, E*Trade, Wachovia, PacificLife, Avon,
Procter & Gamble, TJX, Genzyme, Abbott Labs, Cognos, Business Objects and the
U.S. Army.
“We are entering one of
the biggest opportunities for growth in the mobile market,” said Vaultus CEO
David Birnbach. “With the mobile infrastructure now in place, enterprises of all
size are starting to recognize the potential benefits of mobilizing their
applications and Vaultus is perfectly positioned to become the go-to technology.
This injection of capital is what will enable us to bring together the people,
partnerships and marketing resources to achieve this goal.”
Vaultus Mobile
Technologies is a mobility leader that extends business-critical applications to
handheld devices for anywhere, anytime access. Its award-winning Mobile
Application Platform provides the fastest and most secure access to enterprise
data, along with unparalleled ease of use.
For more
information, please visit
www.vaultus.com
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