Dizzion Secures $6,400,000 Series A Funding

  • Feed Type
  • Date
    9/9/2016
  • Company Name
    Dizzion
  • Mailing Address
    600 17th Street Denver, CO 80202 USA
  • Company Description
    Dizzion brings the power of cloud computing to the desktop with hosted VDI, Cloud Delivered Desktops and streaming applications.
  • Website
    http://www.dizzion.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,400,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will use the recently acquired funds to invest in three key areas: Expanding solutions for VDI and Desktop-as-a-Service (DaaS) technology, including a specific focus on HIPAA and PCI compliance. Refining and growing its channel partner program, which is currently responsible for 55 percent of overall revenue. Growing its workforce by 130 percent in 2016 and again in 2017, with a commitment to a collaborative and transparent culture.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor