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Workspot raises $6.5M from Helion Venture Partners, Translink & Qualcomm

Workspot logo

US-based enterprise mobility startup Workspot has raised $6.5 million in Series A funding led by Helion Venture Partners with participation from Translink Capital and Qualcomm Ventures.

The workspace-as-a-service solutions provider had earlier raised $3.3 million in seed funding from Qualcomm Ventures, Perkins Caufield & Byers, Norwest Venture Partners, and others.

Workspot plans to use this investment to scale up its cloud-based solution Workspot Control and roll it out to more IT admins and end users. The solution allows IT administrators to manage mobile access for enterprises and provides an easy to deploy solution that saves on cost and time, and requires no new infrastructure or complex software.

End-users can access data and applications behind a firewall from any mobile device using the Workspot app. It has partnered with companies like Juniper Networks, RSA Security, Cisco, F5 Networks, Microsoft and Dell for this service.

The company offer this service through two packages – Advanced edition priced at $10 per month (on an annual basis) and Enterprise edition priced at $12 per month (on an annual basis). There is also a trial version which is limited to 10 users for 30 days.

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Workspot was founded by Amitabh Sinha,Punnet Chawla, and Ty Wang in 2013.  Some of its customers include Farm Bureau Insurance, Mason City Clinic, Legends Bank and VME Process among others.

Helion investments in 2014

– In January, Price comparison service MySmartPrice had raised Rs 6 crore from Helion & Accel Partners.

– in February, Ezetap had raised $8 million of Series B investment led by Helion Advisors with participation from existing investors Chamath Palihapitiya’s The Social+Capital Partnership and Berggruen Holdings.

– Online fashion retailer Yepme had raised investment from Helion in May, however from what we have heard, that this round of funding was received about three months ago.

– Mumbai-based online test preparation service Toppr raised $2 million from Helion Venture Partners and SAIF Partners in May this year.

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– Last month, map-based real estate portal Housing.com raised Rs 115 crore from Helion and Nexus Venture Partners.

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