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MobileSpaces

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Provides security for mobile applications and supports businesses in protecting enterprise data

Washington DC, United StatesFounded 2011Cybersecurity
Valuation $100–250M Last recorded · 2014
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for MobileSpaces and the history behind them.

About MobileSpaces

MobileSpaces was a mobile security firm established in 2011, initially under the name CellSec, by co-founders David Goldschlag (CEO) and Yoav Weiss (CTO). Goldschlag brought executive-level experience from his prior role as VP of Mobile at McAfee, while Weiss was an accomplished security veteran and one of the early employees at Check Point Software Technologies. Their combined expertise in enterprise and mobile security directly addressed the growing trend of Bring Your Own Device (BYOD) in corporate environments.

The company focused on the enterprise mobile security market, providing a solution to protect corporate applications and data on employees' personal smartphones and tablets. MobileSpaces targeted enterprises struggling to manage the security risks associated with personal devices accessing sensitive corporate information. The business model centered on providing this security and management solution to IT departments, enabling them to create a policy-managed, secure workspace on user devices without intruding on the employee's personal data.

The core product utilized a proprietary application virtualization technology to create a distinct, encrypted workspace on a device. Within this workspace, enterprise apps—whether built-in, custom, or from public app stores—could run natively and share information securely, while all enterprise data remained isolated from personal apps. A key feature was the 'badging' of corporate apps, allowing employees to use the same familiar applications (like Dropbox or email clients) for both personal and work accounts, with the system automatically enforcing security policies for the business-use version. This approach aimed to deliver robust security for the enterprise while maintaining a natural, non-intrusive user experience and respecting employee privacy, a significant differentiator from more restrictive container solutions.

The company successfully raised a total of approximately $11.6 million over two funding rounds. This included a $3 million Series A in August 2012 led by Accel Partners and an $8.6 million Series B in July 2013, with participation from Accel and Marker LLC. These funds were allocated to expand sales and marketing efforts. In a significant milestone, MobileSpaces was acquired by Pulse Secure in October 2014 for an estimated $100 million. The acquisition integrated MobileSpaces' BYOD technology with Pulse Secure's VPN and network access control products to bolster their mobile security offerings.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
Washington DC, United States
Open positions
None listed
Dealroom signal
56.9/100
Industry
Security, Enterprise Software
Sub-industry
Data protection
Sector
Data Protection, VPN, Cybersecurity
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Oct 2014 $100M $100M PulseSecure —
SERIES B✓Equity / VC Jul 2013 $8.6M $34M Accel · Samsung Next · Marker LLC —
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Growth signals

MobileSpaces website traffic

Latest recorded traffic for MobileSpaces is 190 monthly website visits.

Latest monthly visits190
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Other known investors1 additional known investor

  • PulseSecure
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Washington DC HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about MobileSpaces on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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