DVI Equity Partners Invests in Multi-Vendor App Augmentation Company Appdome

TUCSON, Ariz.–(BUSINESS WIRE)–DVI Equity Partners, LLC today announced an investment of capital and
strategic growth expertise in mobile integration company Appdome. The
Appdome platform offers no-code mobile implementation options for
leading mobile security, mobility, mobile app management, mobile
identity and threat defense vendors.

“The leaders at Appdome recognized the need for multi-vendor app
augmentation to fill a critical requirement in enterprise mobility
management,” DVI Managing Partner Robert Griffin said. “Nearly 70
percent of all enterprise apps are created using third-party vendors.
Providing a smart solution to the ongoing management of distinct apps
has given Appdome an impressive leadership foothold in this market.”

According to leading industry analyst firm Gartner, 60 percent of mobile
apps in use in the enterprise space will make use of at least one
app-level management control on managed and/or unmanaged devices by
2020. Gartner estimates that the total current market for mobile
application management (MAM) solutions is approaching $400 million when
enterprise mobile management devices are included.

“In so many areas including hiring, strategic partnerships, operational
guidance to resource identification and sales, DVI has been an
invaluable partner,” said Appdome CEO Tom Tovar. “DVI has a deep network
of resources and expertise we are leveraging to move forward in the most
targeted fashion possible.”

About Appdome

Appdome is the industry’s first no-code platform for mobile integration.
Appdome’s patented technology enables the rapid integration of multiple
third-party functions to existing apps, shortening the deployment cycle
and connecting mobile apps to other services on demand. Appdome’s
codeless service allows users to complete integration projects on the
final application package in seconds.

No source code or development expertise is required. In addition, no
modifications to an app or SDK are required to complete integration. The
solution is currently used by the world’s leading financial, healthcare
and e-commerce companies to support productivity, compliance, and
security for consumers and employees. For more information, visit www.appdome.com.

About DVI Equity Partners, LLC

DVI Equity Partners LLC has a singular mission of investing in early
stage, emerging technology companies specializing in disruptive
technology with an emphasis on companies founded and led by women and
minorities. The firm evaluates emerging technology companies that create
business-to-business (B2B) value in areas including national security,
enterprise software, artificial intelligence, and data storage and
analysis. DVI shares expertise, resources and forms relationships with
entrepreneurs to help them transform the way industries and the public
sector conduct business. Visit dviequitypartners.com
for additional information.

Contacts

Priscilla Storm
Diamond Ventures Inc. (DVI)
520-577-0200
[email protected]