Get the latest Venture Capital & Angel investors news and info Join Our Mailing List:

Your Name: 

Your Email:  

*By submitting your name & email you agree to receive for FREE our scholarships & offers Newsletters. You agree also with the storage and handling of your data by this website and 3rd party email services.
You may unsubscribe if you wish. And you can delete your email and name at any time by emailing us to the email on the bottom of this page.

Follow us on
 
  • Desktone Secures $17 Million in Series A Venture Capital Funding

    July 31st, 2007 No comments

    Desktone, Inc., provider of the industry’s first unified virtual desktop platform, announced that it has closed $17 million in venture funding. The Series A round was co-led by Highland Capital Partners and SoftBank Capital, and also included Citrix Systems, Inc., and China-based Tangee International. Desktone, founded in 2006, intends to use the capital to fund global sales, marketing and development for its desktop virtualization platform.

    As the cost and complexity of managing large-scale PC and server environments becomes overwhelming, the trend toward virtualization is growing exponentially, said Ron Fisher, managing partner, SoftBank Capital. Enterprises have a tremendous need to accelerate desktop virtualization adoption in a way that is cost-effective and simple, and that doesn’t drain IT resources. Desktone’s approach to this market and their progress after just one year in business are impressive. We are excited to help them address this enormous market opportunity.

    Desktone boasts an accomplished executive team who understands the challenges enterprises face in managing desktops and transforming to virtualized environments, said Peter Bell, partner, Highland Capital Partners. The team has proven track records in pioneering ground-breaking technologies, building thriving businesses, and creating valuable services and product offerings. With its powerful combination of visionary management and innovative, in-demand solutions, we are confident Desktone will achieve success.

    Delivering desktops as a service represents a promising new growth opportunity with significant upside potential. As the leader in application delivery infrastructure, Citrix is intimately familiar with this market and is pleased to join with Desktone as a strong technology and business partner, said Michael Cristinziano, corporate vice president, Strategic Development, Citrix Systems, Inc.  We are honored to be working with such distinguished, well-respected investors who are committed to helping us grow into a global desktop virtualization leader. Their investments validate the strength of our vision, the promise of our success and the uniqueness of our solution, explained Harry Ruda, CEO of Desktone.

    Desktone vDesktop is a turnkey solution that provides enterprises an easy on-ramp to virtual desktop computing. It uniquely integrates all virtualization layers including storage, applications, client devices, servers, processing and network technologies and enables them to be controlled by a single management console. Desktone vDesktop delivers secure, high-performance computing to end-users while optimizing data center asset utilization and reducing operating costs and capital expenses.

    For more information, please visit www.desktone.com

Leave a reply

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 266,926 bad guys.

 

Latest Headlines:

Friday August 31, 2012
Zscaler Secures $38 Million Investment Round


Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.


Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects


Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding


Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies


Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains


Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster


Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility


 

By using this website you agree with our cookie policy