Startup NEOCLEUS raises $11.4 Million in the second round | Startup Meme - Technology Startup and Latest Tech News

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Jun 22 2008

Startup NEOCLEUS raises $11.4 Million in the second round

Shoaib Hashmi 

NEOCLEUS NEOCLEUS, a virtualization startup, has raised $11.4 Million in the second round of funding. Battery Ventures and Gemini Israel Funds, who were Neocleus’s primary investors, led the round.

The company’s innovation has changed the way end points work. It lets different organisations handle their issues at a very high pace or rather at a pace which is required by the business.

Companies which have internationally scattered networks for day to day business manoeuvres, faces a major obstacle that is how to deal with the major issues with current endpoint computing environment. The New Jersey based company tackles the IT’s most serious endpoint issues. The endpoint virtualization includes producing a separate virtual atmosphere for IT on laptops and desktop computers. The company says that their solutions are prominent because of their security and flexibility.

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