
Helion leads Series A for mobile workplace provider
India’s Helion Venture Partners has led a $6.5 million Series A round of funding for Workspot, a cloud-based administration platform that allows users to access business applications and data via mobile devices.
Translink Capital, a Silicon Valley-based VC firm that makes Asia-focused investments in the US, and Qualcomm Ventures also participated.
Workspot was founded in 2012 by Amitabh Sinha - who now serves as CEO - Puneet Chawla and Ty Wang and is headquartered in the US. Through a cloud-based IT administration solution called Workspot control and the associated Workspot mobile app, the company provides workspace-as-a-service solutions that allow seamless access to information without investment in new infrastructure or complex software.
It previously raised $3.3 million in seed funding from Qualcomm Ventures, Kleiner Perkins Caufield & Byers, Webb Investment Network, and a number of angel investors.
"Workspot is tackling a universal problem faced by IT departments of all sizes in the post-PC era; employees' increasing use of mobile devices to work, secure and gain seamless access to business applications and data has become a major challenge. Most of the competing solutions are antiquated and rooted in complex on-premise infrastructure that only superficially touches the cloud," said Ashish Gupta, senior managing director at Helion, in a statement.
Toshi Otani, co-founder and managing director at Translink, added that companies globally have been struggling to adapt to a bring-your-own-device model whereby employees work from multiple devices in multiple locations without prejudicing security. Previous solutions like virtual desktop infrastructure (VDI) and mobile device management (MDM) haven't solved the problem.
Workspot will use the new capital to develop its services to meet the evolving needs of mobile enterprise and bring its solutions to more end users and IT administrators.
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