Leostream Finds $2M
Ryan McBride11/23/09
Leostream, a Waltham, MA-based provider of application-management software for virtual desktop infrastructures, has raised $2 million in an equity financing, according to an SEC filing. VentureWire reports that Meakem-Becker Venture Capital, of Sedwickley, PA, provided Leostream with the $2 million capital infusion, which the company hopes will be enough to support its operations until it becomes profitable. Leostream raised $3 million in its Series A round of venture capital in 2008.
