Trust Digital has raised another $14.5 million to help manage that process.
The Lean, Va. company's software simplifies the process of authenticating phones, encrypting data and more across multiple smartphones. Chief executive Nick Magliato says some of his company's biggest customers are government and health care agencies.
Big players like Microsoft and Research in Motion have similar software for their Windows Mobile and BlackBerry devices, respectively, but Magliato says his software is the only one to offer these services across multiple companies' devices. Obviously, that's a pretty big advantage, especially with Apple's iPhone becoming a hit among business users, despite lingering security concerns.
Speaking of the iPhone, Trust Digital doesn't support it or the BlackBerry, which are pretty big lapses that the startup is working to rectify. In part, that's why the company raised more funding. IPhone support is coming next month, Magliato says, with the BlackBerry and other additions planned as well.
"We're going to be on these blockbuster devices as they plug into the enterprise," he says.
The round was led by Summerhill Venture Partners, Fairhaven Capital, Core Capital Partners, Avansis Ventures, MMV Financial and Square 1 Bank. Echoing remarks made by analyst Mary Meeker last week, Summerhill's Joe Catalfamo argues that even with the current economy, mobility will remain strong.
Trust Digital has now raised $30 million in venture backing.