Appthority raises $7M in Series B

What does Appthority do?

Appthority, is a global leader in enterprise mobile threat protection. The company is an app risk management service which helps enterprises in identifying and managing the risks hidden mobile applications. This company provides the industry’s 1^st all in one App risk management service which employs dynamic, static and behavioral analysis for immediately discovering the hidden actions of apps and empowering organizations for applying custom policies for preventing unwanted app behaviors. Only this enterprise combines the largest global database of private and public apps with advances policy management tools for automating control over risky app actions and protecting corporate data.

How much Appthority was funded?

The company raised $7M in Series B on July 13, 2016 from U.S. Venture Partners (USVP), Blue Coat, Knollwood Investment Advisory, Trident Capital Cybersecurity and Venrock.

Previous funding

$6.25M in Series A on May 2, 2012 from U.S. Venture Partners (USVP) and Venrock

$4M in Series A on December 31, 2013 from Venrock and U.S. Venture Partners (USVP)

$10M in Series B on January 13, 2016 from Blue Coat, Venrock, Knollwood Investment Advisory and  U.S. Venture Partners (USVP)

What is next for Appthority?

Appthority plans to use the latest funding for growing key functions and markets the company is well placed to capture a huge share of this important segment of the security market. The company has announced accelerated business momentum in the rapidly growing mobile security market.

More about Appthority

Appthority was founded on June 1, 2011 by Kevin Watkins, Anthony Bettini and Domingo Guerra. The company has its headquarters in San Francisco, California. The company is a global leader in enterprise mobile threat protection, delivering proactive visibility into mobile risk with the utmost comprehensive mobile app analysis available. Its ongoing, extensive threat intelligence removes the mobile risk blind spots and combines the widest array of customizable policy and remediation chances of tailoring threat protection for the unique requirements of individual organizations.