NComputing, the leading provider of desktop virtualization software and hardware got $28m in VCs funding

By admin at January 14, 2008 | 10:29 pm | Print

What Company Is Offering:
The company’s patented technology drastically lowers desktop computing costs, improves manageability, and reduces both energy consumption and e-waste. NComputing has offices in Australia, Canada, China, Germany, India, Korea, Poland, Russia, the United Kingdom, and the United States and distributes products to over 70 countries.

How It Works:
The NComputing solution is based on a simple fact: today’s PCs are so powerful that the vast majority of applications only use a small fraction of the computer’s capacity. NComputing’s virtualization software and hardware tap this unused capacity so that it can be simultaneously shared by multiple users. The NComputing virtualization software is loaded onto a standard Windows or Linux PC. Each user’s monitor, keyboard, and mouse connect to the shared PC through a small and highly reliable NComputing access device. The device itself has no CPU, memory, or moving parts so it is easy to deploy and maintain. Over 500,000 NComputing systems have been deployed by 15,000 organizations to slash their computing costs as much as 70% and electric consumption by 90%. NComputing has been deployed by schools, colleges, governments and businesses to bring computing access to its students and employees.

How Much They Got From VCs:

NComputing, the leading provider of desktop virtualization software and hardware, announced it has secured $28 million in a Series B round of financing. The funds will be used to expand sales and operations in key countries where affordable computing is out of reach for many schools, businesses and governments. The funds will also be used to support ongoing research and development into the company’s patented virtual computing technology that enables computing access for as little as $70 per user.
More at:www.ncomputing.com

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