NComputing Obtains $21,800,000 New Funding Round

  • Feed Type
  • 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
  • Venture Investor
    QuestMark Partners
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Scale Venture Partners
  • Venture Investor
    Daehong Technew Corp