Pano Logic Raises $20 Million, Unveils Zero Client Reference Architecture

Pano Logic today announced it has secured $20 million in a Series C round of financing led by venture capital firm Mayfield Fund. Pano Logic also announced that Mayfield’s Chaddha is joining Pano Logic’s board of directors. Chaddha is a veteran entrepreneur and venture investor, ranked on the Forbes Midas List of top 100 dealmakers at No. 11 in 2009 and No. 10 in 2008.

The funds will be used to support continued technology innovation and global market expansion of Pano Logic’s breakthrough zero client virtual desktop computing platform, which is redefining the economics of endpoint computing. Unlike all other virtual desktop solutions, the Pano System removes 100% of the processing power from the desktop to the data center, fully centralizing management and eliminating endpoint complexity with one complete solution.

Pano Logic, which tripled sales in 2009, solves major challenges inherent in the current PC-based, client-server computing model, while providing end users with the same, familiar PC-like Windows experience. Its technology radically reduces computing total cost of ownership, by as much as 67 percent, by eliminating endpoint device management, support and obsolescence. Instead, end users connect to their virtual machine with a zero client that contains no processor, no operating system, no memory, no drivers, no software and no moving parts. This represents a major shift from highly complex and costly PC and thin client computing solutions.

In other news, the company today openly published its hardware specifications for the industry’s only true zero client device. Pano Logic unveiled its Zero Client Reference Architecture, proving there is absolutely no processor in its device, and challenged other vendors claiming to offer zero client solutions to publish their own specifications.

Pano Logic also announced it will license its patent-pending Pano Direct and Pano Management software and connection broker technology to OEMs seeking to bring to market new zero client solutions based on its reference architecture.