Silicon Valley-based Good Technology, a leader in secure enterprise mobility solutions, announced this morning in a press release that it has acquired Marlborough, Mass company Copiun, Inc. Copiun affords a secure sharing platform that allows its users the ability to directly access, sync, and share files without a VPN connection or firewall reconfiguration from anywhere. Similarly, Good Technology produces protection and easy-use solutions for corporate-affiliated devices, as well as for employee mobile devices used in BYOD environments.
Financial details of the transaction were not disclosed.
King Lee, President and CEO of Good Technology–based in Sunnyvale, CA–commented on the acquisition in the press release asserting, “Our acquisition of Copiun will accelerate and enhance our ability to provide customers with more high-value, business productivity capabilities that incorporate our commitment to data security.”
Copiun’s staple product, TrustedShare, is a multi-layered solution with end-to-end governance, one of the first of its kind. It features robust policy management, trusted app data sharing, data loss prevention, and auditing and reporting. Boston Business Journal bills Copiun as the “Dropbox for enterprise” referencing the easy and ever-popular cloud sharing platform Dropbox. Copiun also offers laptop backup and secure mobile collaboration.
Post acquisition, co-founder and CEO of Copiun Puneesh Chaudhry will stay onboard to lead a new Good Technology product line. Like Lee, he is also optimistic about the acquisition, “We are pleased to join Good Technology’s leadership in enabling employees to access business-critical information using the growing number of mobile devices entering today’s global enterprise workforce.”
Details of the deal have yet to be disclosed to the public. Copiun had received $8.54 million in venture funding to date, including a $5 million round back in April led by Novak Biddle Venture Partners and RRE Ventures. Its Marlborough office will become an East coast Good Technology office.
