Worklight

Company Overview

Snapshot

Founded in February 2006 by Shahar Kaminitz, Worklight operated with 11–50 employees. The company raised a total of $17.6 million across three funding rounds from four investors. Worklight was acquired by IBM in January 2012.

Business overview

Worklight provides an enterprise mobile application platform equipped with development tools for smartphones and tablets. The company's offerings include a mobile IDE, mobile middleware, end-to-end security, and integrated management and analytics, designed to facilitate the development and delivery of HTML5, hybrid, and native applications. Worklight serves organizations seeking to reduce time-to-market, cost, and complexity in mobile app development, while enhancing user experiences across various devices within the Business Software sector, specifically focusing on IT, R&D & Data Solutions, and Software Development Tools.

Strategic signal

In January 2012, Worklight was acquired by IBM for an estimated $50-60 million. This acquisition by a major technology corporation like IBM signals a strong validation of Worklight's mobile application platform technology and its potential to integrate into broader enterprise solutions, indicating a successful exit for investors and a strategic move by IBM to enhance its mobile capabilities.

Company Intelligence Q&A

When was Worklight founded?

Worklight was founded in February 2006.

Who founded Worklight?

Worklight was founded by Shahar Kaminitz.

What was a significant corporate milestone for Worklight?

Worklight was acquired by IBM in January 2012 for an estimated $50-60 million.

How much capital did Worklight raise in total?

Worklight raised a total of $17.6 million across three funding rounds from investors including Shlomo Kramer and Genesis Partners

Which investors participated in Worklight's funding rounds?

Worklight received funding from investors including Shlomo Kramer and Genesis Partners.