Open Kernal Labs $7.6 million in VC funding | Startup Meme - Technology Startup and Latest Tech News

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Jan 15 2009

Open Kernal Labs $7.6 million in VC funding

Shoaib Hashmi 

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Chicago based embedded virtualization software provider for mobile phones and broadband internet devices, Open Kernal Labs, has raised $7.6 million in a round of funding. The round was led by Chrysalis Ventures and was participated by Citrix Systems along with returning backer Neo Technology Ventures.

According to Open Kernal Labs CEO, Steve Subar:

With this investment, OK Labs is positioned to amplify our unique position as the only embedded virtualization solution shipping on handsets today, becoming a key supplier to the supply chain driving the wireless ecosystem.

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