Xconomy Boston

Leostream Corp. Obtains $2,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48d94b10-24c8-48ab-8999-1c397a33ed75&Preview=1
Date
11/23/2009
Company Name
Leostream Corp.
Mailing Address
411 Waverley Oaks Road Waltham, MA 02452
Company Description
The Leostream Connection Broker dynamically assigns users to Terminal Services or Hosted Desktops – running on virtual or physical machines (including Blades).
Website
http://www.leostream.com
Transaction Type
Venture Equity
Transaction Amount
$2,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company hopes that the funding will be enough to support its operations until it becomes profitable.
M&A Terms
Venture Investor
Meakem Becker Venture Capital