Insight Partners — the private equity firm funding Kaseya’s takeover of Datto — is opening its investment portfolio to back an Apple Unified Platform software startup called Mosyle.
Indeed, Mosyle has raised $196 million in Series B funding led by Insight Partners with participation from StepStone Group and all previous investors, including Elephant and Album VC, the companies revealed today.
Mosyle develops a unified Apple platform for macOS, iOS and tvOS which covers:
- mobile device management (MDM);
- terminal security;
- Internet privacy and security;
- identity management; and application management.
About 32,000 organizations leverage Mosyle to manage and secure “millions” of Apple devices every day, though actual deployment numbers weren’t disclosed. Additionally, the company has generated “triple-digit revenue growth since 2020,” although dollar figures were also not disclosed.
Mosyle: Apple device management developments, alternatives
Among Mosyle’s previous milestones covered by ChannelE2E:
- April 2021: Mosyle launched Mosyle Fuse for Apple devices. The cloud-native solution supports mobile device management (MDM), identity management, automated app installation and remediation, and multi-layered endpoint security for Apple-focused enterprises, Mosyle said at the time. . Additionally, the company launched Mosyle Business Free, which offers MDM capabilities for up to 30 devices at no cost.
- May 2019: Mosyle is beta testing Single Sign-On and Mosyle Auth for Apple Mac customers.
- March 2019: Mosyle has introduced an MSP Partner Program. Alas, this landing page now generates a 404 error.
Meanwhile, several MSP software vendors are now offering Mac-oriented RMM (remote monitoring and management) software features for MSPs. Familiar names like ConnectWise, Datto, Kaseya and N-able are present in the Apple RMM software market. Addigy, the Pure-play provider of Apple RMM, is also in rapid growth mode, Addigy CEO Jason Dettbarn told ChannelE2E in March 2022.
Apple Device Management Software: Mergers and Acquisitions
M&A activity has also been very active in the Apple device management market. Examples of offers:
- January 2022: PDQ.com has acquired SimpleMDM, an Apple SimpleMDM device management software company.
- October 2021: Syncro has acquired Watchman Monitoring, providing MSPs with RMM, PSA and SaaS cloud-based health monitoring for Apple Macs and Windows PCs.
- June 2020: Apple acquired Fleetsmith for remote monitoring and management (RMM) and mobile device management (MDM) software capabilities of Mac, iPhone and iPad.
- February 2019: Jamf acquired ZuluDesk, bringing together an Apple iOS and macOS device management company with a leading school software platform provider.
Insight Partners Invests in Mosyle: Management Insights
In a prepared statement on the deal, Rebecca Liu-Doyle, Managing Director of Insight Partners, said:
“Mosyle’s relentless focus on continuous product innovation, ease of use and world-class customer support has cemented its position as the preferred platform for businesses and educational institutions large and small. , in the growing Apple device management space. With the launch of its Apple Unified Platform, Mosyle is one of the first companies to elegantly unify MDM with a broader suite of mobile security solutions.
Added Alcyr Araujo, Founder and CEO of Mosyle:
“Over the past year, we have aggressively deployed innovative security and management features that used MDM as a way to extend protection to other layers of the device. Our new Apple Unified Platform is a direct result of this effort and delivers on our vision to combine cloud-native architecture, automation, usability, and best-in-class customer support for a radically new, fully integrated approach. Apple Device Management and Security. This funding is a validation of that vision and our belief that enterprises need more than traditional MDM in today’s hybrid work environment.