Bitzer Mobile Acquired by Oracle for BYOD Security
November 19, 2013
Mobile app manager Bitzer Mobile has been acquired by Oracle. Bitzer garnered a $13.7 million valuation in 2011 after raising about $5 million in VC funding from Acero Capital and Chevron Technology Ventures. The company’s technology, which allows organizations to provide employees with access to corporate data and apps through mobile devices, will augment Oracle’s portfolio of products and is expected to be a core component to its mobile security strategy.