Tag Archive for: Funding

Mobile Device Management Company Mosyle Gets $196 Million in Funding

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The firm has had triple digit revenue growth since 2020.

Mosyle, the mobile device management firm, has closed a $196 million funding round. It was led by New York-based global private equity and venture capital firm Insight Partners. StepStone Group and all previous investors, including Elephant and Album VC, also participated.

The company has also launched its Apple Unified Platform. Mosyle will use the funding to continue to fuel the platform and company growth with businesses and and educational institutions. Mosyle said its Apple Unified Platform is the first and only solution designed to fully integrate five critical applications into a single Apple-only platform. It combines mobile device management (MDM), endpoint security, internet privacy and security, identity management and application management. This makes it easier for businesses to deploy, manage and protect Apple devices at work and schools, the company said.

Insight Partners' Rebecca Liu-Doyle

Insight Partners’ Rebecca Liu-Doyle

Rebecca Liu-Doyle is managing director at Insight Partners.

“Mosyle’s relentless focus on continuous product innovation, ease of use and world-class customer support has solidified its position as a preferred platform for enterprises and educational institutions large and small in the growing Apple device management space,” Liu-Doyle said.

Its Apple Unified Platform has enabled Mosyle to “elegantly unify” MDM with a broader suite of mobile security solutions.

A Single Platform

Mosyle’s Apple Unified Platform integrates five previously disparate features and functions into a single platform. This includes:

  • Enhanced device management: Delivers full MDM for macOS, iOS and tvOS, zero-touch deployment and automated ongoing management, support for shared devices, support for BYOD, and integrations with Google, Microsoft, Active Directory and more.
  • Endpoint security: Deploys 24/7 protection regardless of location, ensuring devices leverage the latest macOS security tools, follow leading cybersecurity recommendations, and meet industry compliance mandates.
  • Internet privacy and security: Provides encrypted DNS functionality that automates web filtering and encryption exclusively on Apple…

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Hillicon Valley – Biden budget boosts antitrust funding

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Today is Monday. Welcome to Hillicon Valley, detailing all you need to know about tech and cyber news from Capitol Hill to Silicon Valley. Subscribe here.

Let’s get to it.

President Biden is proposing funding increases for the Federal Trade Commission (FTC) and the Department of Justice (DOJ)’s antitrust division as part of his $5.8 trillion proposal released Monday. 

Biden’s 2023 budget would increase the DOJ’s antitrust division funding by $88 million and the FTC’s by $139 million. 

The White House called it a “historic” increase in a fact sheet, saying it “reflects the Administration’s commitment to vigorous marketplace competition through robust enforcement of antitrust law.” 

The requests to increase the funding come as the DOJ and FTC push forward with antitrust cases against tech giants, including Google and Facebook parent company Meta. 

Recent White House warnings urging the private sector to shore up its cyber defenses have experts questioning why U.S. officials haven’t already defined what constitutes cyberwarfare.  

Although the experts praised the warnings, they said that the Biden administration should also prioritize defining what the thresholds are for retaliating against a major cyberattack.  

“We have to set up rules of engagement that are absolute, saying any cyberattack that is associated with a [hacking group] loosely tied with the Russian government or the Chinese government will immediately trigger the following actions,” said Emil Sayegh, president and CEO of data security firm Ntirety.  

The experts were weighing in on recent warnings issued by the White House urging critical sectors to prepare for possible Russian cyberattacks following new U.S. intelligence suggesting that the Kremlin is exploring “options for potential cyberattacks” against critical infrastructure. 

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Tesla Inc. CEO Elon MuskElon Reeve MuskNASA announces renewed competition for moon mission contracts Equilibrium/Sustainability — Students create filter to remove lead from tap water On The Money — White…

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Immigration Minister accepts ‘unconcious bias’ problem as some religions favoured for grant funding

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Speaking to reporters on Tuesday, Mr Hawke recognised there can be additional challenges faced by smaller community groups trying to engage with government programs.

“I think there can be unconscious bias in departments about issues in relation to different religions, I’ve spoken to my secretary about that,” he said. 

“We are constantly working to improve and train our officers about cultural awareness about all faiths, how they operate. Sometimes they’re different structurally compared to Western religions.

“We can make some improvements there.” 

The community safety fund was set up in 2016 and has seen eight selection processes across five rounds, with $184 million in grants awarded to 700 applicants. A sixth round is underway. 

The program was set up to address crime and anti-social behaviour by funding crime prevention initiatives such as fixed and mobile security cameras and lighting.

In 2019, following the Christchurch terrorist attacks, they were expanded to protect schools, pre-schools and community organisations facing security risks associated with racial and religious intolerance.

The Australian National Audit Office (ANAO) report, released on Monday, found that overall, 84 per cent of funding went to religious organisations.

But it said that while the distribution of applications and funding approved was “reflective of the population of applications received” in terms of electorates, funds largely went to Jewish or Christian community organisations. 

“Applications were received from, and consequently funding was largely awarded to, community organisations that identified as Jewish or Christian,” it says.  

“Relatively few applications were received from, and funding awarded to, community groups identifying as Muslim, Buddhist, Hindu or Sikh. 

“Identified cultural groups were also not well represented in terms of either applications received or grant funding awarded.” 

The report found that “over the life of the program there have been 16 different cultural groups that have applied for funding that have not had any funding awarded: Filipino, Iraqi, Italian, Russian, Assyrian, Chinese, Congolese, Fujian, Indian, Iranian, Korean, Kurdish, Malaysian,…

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Conservatives call for more federal funding for election security

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From The Fulcrum:

“Leading computer science experts agree that hacking threats against US voting systems are growing and that increasingly out-of-date elections infrastructure make for relatively easy targets,” reads the letter, which was signed by leaders of Americans for Tax Reform, R Street Institute and FreedomWorks, among others.

…

“Across the board, our federal government is far too expansive and expensive, but there are times where it has a role to play. Protecting our elections against foreign threats and providing funding for election security are two such cases,” said Matthew Gerner, a fellow in the governance program at R Street and a signatory on the letter.

“While there are some admirable provisions of the so-called For the People Act, the Freedom to Vote Act and the John Lewis Voting Rights Advancement Act, they make the problem of an expansive and expensive federal government even worse,” he said. “The For the People Act and the Freedom to Vote Act infringe on free speech rights, and all three bills shift control over elections from state and local governments to Washington, DC. None of them are the right path for federal election legislation.”

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