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Trust Digital
Enterprise smartphone security and management software for government organizations and various other companies
About Trust Digital
Trust Digital was a specialized provider of enterprise mobility management (EMM) and security software, founded in 2003. The firm carved a niche by focusing on large-scale clients, including government organizations and Global 2000 companies, which required robust solutions to manage and secure their growing fleets of smartphones. Its business model centered on licensing its proprietary software platform to IT organizations.
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The company's core product was the EMM Console, a browser-based platform that allowed IT administrators to centrally manage a diverse range of smartphones and ruggedized devices. Key features included policy management tools, reporting capabilities, and compliance enforcement facilities. This software-overlay approach simplified the rapid deployment of mobile devices, enforcement of security policies, and user support. The platform was designed to be cross-platform, supporting major mobile operating systems of its time, such as iPhone OS, Android, WebOS, Windows Mobile, and Symbian.
A significant milestone for the company was receiving the SC Magazine Award for "Best Mobile Device Security Solution" in 2007. The venture was backed by several venture capital firms, including Summerhill Venture Partners, Avansis Ventures, and Core Capital Partners, raising over $26 million in funding across multiple rounds. On June 30, 2010, Trust Digital was acquired by McAfee for an estimated $32.5 million. The acquisition was a strategic move by McAfee to integrate Trust Digital's device management technology into its ePolicy Orchestrator (ePO) platform, extending its security portfolio to the burgeoning mobile device market.
Latest news
Press, funding announcements and product moves mentioning Trust Digital.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2010 | $0 | — | McAfee | — |
| SEED✓Equity / VC | Jul 2009 | — | — | OnPoint Technologies | — |
Growth signals
Latest recorded traffic for Trust Digital is 100 monthly website visits. Trust Digital's team grew 31.6% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
OnPoint Technologies
Series A3 investors entered at this stage
- AVAvansis Ventures
TD Capital- CCCore Capital
Series B and later5 investors entered at this stage
- SPSummerhill Venture Partners
Square 1 Bank
Fairhaven Capital Partners
MMV Financial- CPCore Capital Partners
Other known investors1 additional known investor
McAfee
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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