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Mojave Networks Raises $5 Million

There are a lot of security threats facing mobile device users, and there is a lot of money on the table for vendors that are trying to provide solutions for that problem. One of those vendors is Mojave Networks, which this week announced a $5 million round of funding to fuel its enterprise-class mobile security offering.

Garrett Larsson, co-founder and CEO of Mojave Networks, told eWEEK that the new funding, which comes from Bessemer Venture Partners (BVP) and Sequoia Capital, will be used to accelerate Mojave's product development and to add new staff. Larsson said Mojave has revenue already with "dozens" of paying customers.

Read the full story at eWeek:
Mojave Raises Millions for Mobile Network Security

Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.