Minnesota's JAMF Software snags $30M for Apple's enterprise push
JAMF Software has just raised USD30 million to help Apple push its devices everywhere, according to VentureBeat.
In 2002, JAMF began making mobile device management software for iOS and Mac devices. Today, the company manages almost three million Apple devices for its 4,000 clients. This number includes 34 of the Fortune 500 clients, as well as school and government customers, the report detailed.
The funding round was led by Summit Partners, with the participation of GSV Capital. The said round values JAMF at over USD200 million, the report said.
Chip Pearson, JAMF's managing director, said of the transaction: "For over 11 years, JAMF has operated as a bootstrapped startup, not relying on external resources. Today's announcement reflects Apple's continued growth in the enterprise and JAMF's commitment to helping enterprises succeed with their vision around the Apple platform."
At present, JAMF employs around 275 workers. The software firm said it will use the new capital for product development projects and to expand partnerships in the industry, VentureBeat reported.