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Wanova Secures $10M Series B

2011-08-23
Financing included Greylock Partners, Carmel Ventures and Opus Capital.
SAN JOSE, CA, Wanova Inc, a turnkey desktop cloud provider, today announced a $10 million Series B venture round by Greylock Partners, Carmel Ventures and Opus Capital. The financing will be used to build global sales and support teams to service the surge in demand for a holistic Desktop as a Service offering now provided by the Wanova's flagship product, Mirage.

This unique architecture of centralized PC image management combined with the ability to run images natively on a PC enables service providers and enterprises to reduce desktop Total Cost of Ownership (TCO) and greatly improve IT operations while still providing the real experience of a PC that users demand. Mirage's centralized desktop management approach also backs-up of the entire PC image restoring the exact status of a PC within minutes -- even down to personal applications, personal files and operating system personalization.

"Our accelerated growth is due to having a single, comprehensive product that solves many pain points in organizations of all sizes," said Sebastiano Tevarotto, CEO of Wanova. "This new investment will help us maintain the momentum we're experiencing with service providers and enterprises that are looking for an offering to improve agility, reduce costs and enable company IT staff to focus on projects that are strategic to their business instead of individually managing each computer."

Wanova's patented centralization technology provides layered, single image management of PCs in the network, local execution of the image on the PC, and optimized synchronization between local and centralized images. With Mirage, PC images including personalization settings run locally on a PC allowing users to take advantage of PC native performance -- including the ability to run multimedia applications and work while disconnected from the network.

About Wanova Inc.

Wanova Inc., provides turnkey cloud desktop software that dramatically simplifies desktop management, end user support, and desktop continuity, especially for distributed and mobile PCs. Wanova Mirage™ software centralizes the full contents of each desktop in the data center for management and data protection purposes, distributes execution to the endpoint for superior user experience, and optimizes data transfer in between. Wanova's unique architecture enables companies to reduce desktop TCO while dramatically improving IT operations and users' productivity. Wanova is privately held and headquartered in San Jose, California, with a development center in Netanya, Israel. For more information please visit, http://www.wanova.com.
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