VirtualLogix today announced that it has secured a new round of financing, which will be used primarily to accelerate the company’s growth in the mobile virtualization segment.
The financing included a new investor, Progression Partners, as well as the existing venture capital investors Atlas Venture, Index Ventures and DFJ Esprit; and strategic investors Intel Capital, Motorola Ventures, the strategic venture capital arm of Motorola, and Texas Instruments.
Financial terms of the investment were not disclosed.
According to CrunchBase, VirtualLogix had raised just south of $30 million over the past 5 years.
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