MobileIron Raises $16 Million To Manage Smartphones In The Enterprise

Mountain View, Calif.-based MobileIron has raised $16 million in a third round of funding to help develop a platform that manages everything from iPads to smartphones in the enterprise.

The round was led by Foundation Capital, reports peHUB. Also participating was its existing investors Storm Ventures, Sequoia Capital, Norwest Venture Partners and Big Basin Ventures.

The company said it will use the money to support MobileIron