AppSense Raises Its First Round Of Funding: $70 Million From Goldman Sachs


User virtualization specialist AppSense has raised $70 million from Goldman Sachs (via TechCrunch).

User virtualization solves many of the complex technical issues around delivering a consistent environment in any environment (e.g. working from home, buying your own computer) and across any device including smartphones, iPads and other tablets.

From an enterprise perspective, it also allows IT to reduce the cost of maintenance and major upgrades, such as Windows 7 migration, reduce the time it takes users to log on and speed up the delivery of applications regardless of whether they are locally stored or cloud-based.

The software also enables them to retain control from a security perspective, without restricting the user by imposing a “lockdown” policy.

AppSense says it is already profitable and growing rapidly. Last year its turnover was $47 million, a 60% increase on the previous year.

In 2010, AppSense signed up more than 4,000 enterprise and government customers around the world, including major companies like BT, ESPN, JPMorgan Chase and United Airlines.

Last year, AppSense says it sold some 1.5 million user licenses, comprising a partnership with Fujitsu to provide desktop management solutions to the Department for Work and Pensions for more than 1,000 locations and over 140,000 users in the UK.

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