Virtual Computer today announced it has secured $15 million in series B funding, in a round was co-led by series A investors Highland Capital Partners and Flybridge Capital Partners with additional investment coming from Citrix Systems.
The latest round of financing positions Virtual Computer to significantly accelerate its global sales and marketing efforts and further advance development of the company’s NxTop product offering.
NxTop, Virtual Computer’s next-generation PC management platform, makes it as easy to manage thousands of PCs as it is to manage one, dramatically reducing PC management costs while improving PC reliability and security. NxTop isolates the PC’s critical components — hardware, operating system, applications, and user data — allowing each to be managed independently in a highly-scalable fashion without a persistent network connection.
“This is a blockbuster funding round for any company, especially in this economic environment,” said Dan McCall, president and CEO of Virtual Computer. “Not only did our current investors show their continued support for the company, but we were able to add a proven leader in the virtualization market as a strategic investor. We are looking forward to working with Citrix to help make Xen a market standard for PC lifecycle management.”