PE HUB » Trellia Networks Adds $2 Million
Jul 30, 2013
January 22, 2009 0 Comments
Trellia Networks, a Montreal-based provider of mobile policy management software, has raised US$2 million from return backers Skypoint Capital and BDR Capital. PRESS RELEASE
Trellia Networks (www.trellia.com), a provider of Mobile Policy Management and Enforcement (MPME) software, today announced that it received USD $2M from Skypoint Capital and BDR Capital, a venture firm created by the Solidarity Fund QFL, to support Trellia’s growth strategy. Building on a rapidly growing Canadian customer base and strong momentum with Bell Mobility, Trellia will continue its growth path in the United States. “These funds will allow us to expand our sales and marketing efforts initially into the US through key hires and the development of strategic partnerships” said Giovanni Forte, CEO of Trellia. “We are very pleased to benefit from Skypoint and BDR’s continued support, especially in the current economic climate. Their investment is further validation of Trellia’s business strategy and both organizations’ belief that enterprise mobility will remain a strategic component of corporate IT, despite the downturn.”
“Enterprises are migrating to mobility either deliberately or organically as laptops continue to replace desktops, wireless access becomes ubiquitous and today’s workforce demands the flexibility to work from anywhere” says Andy Katz, Partner at Skypoint Capital. “Trellia is uniquely positioned to capitalize on this trend through its mobile policy enforcement solutions that address the need of organizations to manage the new mobile reality.”
“Trellia’s success with customers in various sectors validates our belief that mobile policy enforcement is a core requirement for enterprise mobility projects” says Jean Bedard, Managing Director of BDR Capital. “We are confident that Trellia is well positioned to capitalize on this opportunity to become the market leader. The team has done a great job so far and we look forward to participating in Trellia’s ongoing success”. Trellia offers unified mobile policy management and enforcement across wired and wireless access (LAN, Wi-Fi, 3G and 4G). For organizations managing a workforce that is increasingly equipped with laptops and working out of sight, this capability is essential for achieving flexible, secure and cost effective mobility. Among Trellia’s lead customers, the company counts Export Development Canada, Soberman LLP and Carma Developers in the financial services, professional services and land development verticals. All three have received industry recognition for their mobility project accomplishments in the areas of cost management, security and ease of use. Trellia was selected as one of Canada’s Top 10 technology companies in 2008 by OCRI (Ottawa Center for Research and Innovation). About Trellia
Trellia is a leading provider of Mobile Policy Management and Enforcement (MPME) solutions. The software enables organizations to achieve flexible, secure and cost-effective workforce mobility. Through Trellia’s Mobile Policy Manager, IT can centrally manage, automate and enforce mobile policies. To learn how you can cut costs and eliminate security risks visit www.trellia.com.