Another Virtualization Company Raises Funding; This Time Pano Logic Is Getting $ 12 Million

After Virtual Iron and CiRBA , it’s now Pano Logic announcing fresh funding to the tune of $ 12 million. This is the desktop virtualization company’s second round, which was led by New York-based Goldman Sachs.

Other participants included Foundation Capital, which has an office in Menlo Park (where Pano Logic is based).

The company said it uses existing server virtualization technologies to create a new approach to client/desktop computing that lowers total cost of ownership while increasing security, management and mobility.

Founded in 2006, Pano Logic also has an office in Toronto, Canada.

[Via BusinessJournal ]