Numecent Receives $15.5M Series B Funding
IRVINE, CA, Cloudpaging leader Numecent announced today that it has raised $15.5M in a major Series-B funding round, bringing the total funding to date in the company to approximately $38M.
Deutsche Telekom, who led the Series-A funding round, participated with an additional $4.5M of new investment. The rest of the funding was raised primarily from European industrialists, family offices and private equity firms.
This punctuates a whirlwind year for Numecent, during which the company was named a winner of the Red Herring Top 100 North America award, was chosen among the top 20 virtualization solutions by CIO Review magazine and was cited as one of the 12 data-center technology companies to watch by TechTarget.
'Numecent is on a good trajectory and is receiving traction from major players in the industry,' said Vicente Vento, Chairman of the Supervisory Board of Deutsche Telekom Strategic Investments. 'This traction validates the view that cloudpaging is potentially transformative not only for IT, but also for emerging sectors like IoT.'
Cloudpaging is Numecent's unique client-side containerization and virtualization platform. It excels in rapid, dynamic, secure and friction-free provisioning of any Microsoft Windows application from the cloud, by transporting pre-virtualized software fragments to physical or virtual desktops in a highly efficient manner.
'While the rest of the industry is focused on moving server-side workloads to the cloud, we are unique in applying containerization and virtualization to deliver client-side workloads from the cloud,' said Osman Kent, Executive Chairman and co-founder of Numecent. 'With this major new funding, we will not only be able to continue our disruptive growth on Windows but will also accelerate the development of cloudpaging for other form factors and operating systems like Android and Linux.'
Unlike any other cloud technology proposition, cloudpaging dynamically provisions client-side applications from the cloud without requiring enterprise data to be moved to the cloud, which can remain securely behind the enterprise firewall. Using cloudpaging, not just ISVs, but also Cloud Service Providers and Enterprises can therefore deliver their desktop applications from the cloud with impunity - while reducing their 'provisioning footprint' by several orders of magnitude.
Numecent (www.numecent.com) is a fast-growing software and cloud-services company based in Irvine, California. The company is a pioneer and technology leader in rapid, secure and friction-free provisioning of native applications from the cloud (public, private) through virtualized client-side containers and without streaming any pixels to the client desktop.
Numecent was named a Gartner 'Cool Vendor 2013' in recognition of its disruptive cloudpaging platform and, in a recent survey, ranked #11 in Cloud Thought Leadership alongside industry giants. So far in 2015, Numecent has been selected as one of the 'Top 20 Virtualization' solutions by CIO Review magazine, one of the 'Top 12 Data Center' companies to watch by TechTarget and was a winner of the Red Herring Top 100 North America award.
A pure B2B/OEM play, Numecent's customers are some of the world's major ISVs, Cloud Service Providers and Enterprises who normally use cloudpaging as a strategic technology advantage below the public radar. Such organizations can choose to self-host cloudpaging services or to subscribe to Numecent's white-label cloud service offering, which is available globally through 31 data centers.
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