Good Technology raises $50M, edges closer to an IPO (SEC filing)

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Good Technology has secured $50 million in new equity funding, according to an SEC filing.

Good Technology works with IT departments to manage and protect sensitive data within a large enterprise or government agency. The company has raised over $120 million in funding, and competes with Citrix-owned Zenprise.

This may be the final funding round as it gears up for a public offering. Good last month reportedly hired four investment banks to explore the potential of going public in 2013. The company also poached experienced execs from Motorola, HP and Cisco, a sign of an impending IPO.

Good has not responded to a request for comment. We will update as we learn more.

Image via Good Technology // Facebook 

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