Citrix Startup Accelerator, a corporate initiative investing in early stage
startups, today announced its investment in Armor5, Inc., a newly launched
company focused on enterprise mobility. The investment builds on the Citrix
vision of providing solutions that allow enterprises to embrace employee
mobility. Complementary to Citrix cloud and mobile solutions, including the
recently-announced Citrix XenMobile™ MDM, the Armor5 technology addresses the
growing need for data security and compliance in the mobile enterprise.
Armor5 was selected to join the Citrix Startup Accelerator portfolio because
of its unique approach to enterprise mobility and security. More employees
than ever before are demanding access to the apps and data that will make them
productive when they are outside the office - and they want this access from
any mobile device, including their own personal ones. Founded by security,
mobility and cloud computing experts from Adobe, Motorola and Yahoo, Armor5
safeguards intranet data and cloud applications by ensuring content from these
systems never actually touches an end-user's mobile device. A free, public
beta version of the Armor5 service launched this week, with self-service
sign-up.
As mobile workstyles and cloud services redefine the technology landscape,
Citrix believes many of the best ideas will come from early-stage startups
with the flexibility to approach enterprise challenges in entirely new ways.
The Citrix Startup Accelerator program is part of Citrix Labs, an applied
research group that enables Citrix to stay ahead of and adapt to new
technology trends. Focused on entrepreneur-led innovation, the program
provides seed investments, office space, and mentorship to select startups
from around the world. Companies selected for the program benefit from the
global Citrix presence, its entrepreneur-friendly environment, large customer
base and seasoned go-to-market strategies. The Citrix Startup Accelerator is
designed to foster open innovation with up-and-coming startups while helping
them come to market successfully.
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