Mocana Raises $25 Million To Address Mobile App And Smart Device Security Market

Mocana has raised $25 million in new funding from Trident Capital for mobile app and smart security solutions. ?The Series D round gives Mocana $47 million in total investment. Mocana's goal is to be the next major global security franchise - a market estimated at $3 to $5 billion in size. Mocana executives see two major business markets evolving in the enterprise market.?There is the need ?to protect mobile devices. And separately is the market to protect apps and the data on them.

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