NComputing Obtains $21,800,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5aa3e0ad-9fc3-4103-8b83-3364eb5fd1ff&Preview=1 -
Date
4/20/2012 -
Company Name
NComputing -
Mailing Address
1 Lagoon Drive Redwood City, CA 94065 -
Company Description
NComputing’s flagship product, the UTMA (UltraThinMultiAccess) technology based NStation – All-inclusive plug & play Windows, Linux terminal – is a uniquely designed extremely low cost multiuser sharable computing terminal for Windows 2000 Professional, Windows XP Home/Professional, Windows XP Media Center, Windows 2000 Server, Windows Server 2003 and Linux environments. -
Website
http://www.ncomputing.com -
Transaction Type
Venture Equity -
Transaction Amount
$21,800,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
With the planned introduction of enterprise-focused offerings in Q2 based on its collaboration with Citrix Systems, the company is well placed take advantage of what Gartner projected as a $65.7 billion market for desktop virtualization by 2013. -
M&A Terms
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Venture Investor
QuestMark Partners -
Venture Investor
Menlo Ventures -
Venture Investor
Scale Venture Partners -
Venture Investor
Daehong Technew Corp
