Moysle, a mobile device management platform for Apple devices, today announced that it raised $196 million in a Series B funding round led by Insight Partners with participation from StepStone Group and previous investors including Elephant and Album VC. CEO Alcyr Araujo says that the round, which comes as Moysle introduces a new product, Apple Unified Platform for Business, will be put toward supporting company growth and “fuel[ing] innovation.”

Using Mosyle, companies can ship a Mac to an employee, for example, and configure it to boot up with certain apps installed and security configurations enforced. But when asked about which vendors he sees as rivals, Araujo named Jamf — not Apple — as Mosyle’s “main competitor.”Beneficial pivotWhen Araujo started Mosyle in 2012 in his native country of Brazil, the company’s sole product was an iPad-based learning management system for schools.

Mosyle Rides Its Device Management Software To The Bank, Raising $196M

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Mosyle Rides Its Device Management Software To The Bank, Raising $196M

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