Mobile is driving the adoption of cloud in the enterprise – and mobile and cloud are happening together in the enterprise simultaneously. When considering these two monumental platform shifts, what stands out is a track record of success. When enterprises like Schneider Electric, Game Show Network, Holder Corporation, Johnson & Johnson, Macquarie Bank, and VMware are all empowering their lines of business with one emerging solution, it's clear that something is working.
We recently led the Series B funding round for BaaS innovator Kinvey because we believe the company is well positioned to take advantage of mobile-driving-cloud trends through its ability to provide a fully managed platform from front end app development to connections to existing enterprise applications, all delivered as a service via the cloud.
The ability to quickly design, build, and scale innovative mobile, tablet, web and Internet of Things apps by leveraging a robust and secure backend in the cloud means large enterprises can respond rapidly to market opportunities and place a greater focus on adding value to the front-end mobile user experience. Our support for Kinvey comes at a time when they are poised to scale and build on a solid track record of competing and winning enterprise IT engagements against larger technology and cloud vendors. Kinvey has built a healthy business, becoming a strategic part of the new enterprise IT mobile-cloud stack.