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May 16, 2013 03:29 pm GMT

Enterprise Mobility, BYOD Startup AirWatch Adds $25M From Accel To Take Its Series A Total To $225M, As It Preps For Acquisitions

airwatch logoAirWatch, the startup that helps businesses manage security and more on employees' mobile devices, is today announcing that it has raised another $25 million, led by Accel with participation also from Insight Venture Partners. The funds come as part of an expanded Series A round, originally for $200 million, which the company announced with a splash in February during Mobile World Congress. This Series A is the first outside money raised by AirWatch, and values the company at just over $1 billion, according to sources.

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