It's Good is a technology company.
It's Good has raised $5.0M across 1 funding round.
It's Good has raised $5.0M in total across 1 funding round.
Good Technology is a mobile security company that develops products for managing and securing mobile devices, apps, and data in enterprise environments.[1] Headquartered in Sunnyvale, California, and owned by BlackBerry Limited since 2015, it serves over 5,000 organizations worldwide in sectors like financial services, healthcare, manufacturing, energy, legal, government, and technology, focusing on high-security needs such as app containerization and secure data flow control.[1]
Its core offerings include the Good Dynamics platform for mobile app development, the Good Secure Mobility Solution for multi-app workflows, and tools like Direct Connect for network data control, enabling secure transitions from legacy platforms like BlackBerry to iOS, Android, and Windows Phone.[1]
Good Technology traces its roots to 2000, when it launched as SpringThings, a hardware email-reader device that struggled against BlackBerry's dominance.[2] It pivoted to software, leading to its acquisition by Motorola in 2006, followed by a sale to Visto in 2009—around the time Visto received a $260 million patent settlement from BlackBerry.[2]
Rebranded as Good Technology, it found success in enterprise mobile device management (MDM), raising $146 million in venture capital and expanding support for iPhone and Android in 2009, launching Good Dynamics in 2011.[1][2] Under CEO Christy Wyatt, it navigated a failed IPO, rejected an $825 million offer from CA Technologies, and sold to BlackBerry for $425 million in 2015 amid waning standalone MDM market interest.[2]
Good Technology rode the early 2010s enterprise mobility wave, as smartphones disrupted BlackBerry's monopoly and demanded secure MDM solutions.[1][2] Its timing aligned with iOS and Android adoption in businesses, filling gaps left by incumbents while competitors like AirWatch (acquired by VMware for $1.54B) and MobileIron went public or were bought by giants like IBM and Google.[2]
It influenced the ecosystem by pioneering app-level security over device-level, aiding BYOD trends and regulatory compliance in regulated industries, though market consolidation reduced standalone players.[2] Post-acquisition, it bolstered BlackBerry's pivot to software security amid maturing MDM.
As part of BlackBerry, Good Technology likely evolves toward integrated cybersecurity for IoT and hybrid work, leveraging BlackBerry's endpoint management amid rising zero-trust demands. Trends like AI-driven threat detection and edge computing could expand its platform, but competition from unified endpoint leaders like Microsoft Intune poses risks.
Its legacy in secure mobility positions it to influence enterprise AI app security, potentially growing influence if BlackBerry scales its stack—echoing its pivot from hardware obscurity to a $425M exit that protected investors in a tough market.[2]
It's Good has raised $5.0M in total across 1 funding round.
It's Good's investors include 01 Advisors, Haun Ventures, Kleiner Perkins, Lazerow Ventures, Lightspeed Venture Partners.
It's Good has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2023 | $5.0M Seed | 01 Advisors, Haun Ventures, Kleiner Perkins, Lazerow Ventures, Lightspeed Venture Partners |