Virtualization startup Neocleus raises $11.4M
June 21, 2008 | Anthony Ha
Neocleus, a company that provides “endpoint virtualization,” has raise $11.4 million in a second round of funding.
Endpoint virtualization involves creating an isolated virtual environment for IT on laptops and desktop computers. Jersey City, NJ-based Neocleus says its solution stands out because of its flexibility and security.
The round was led by Battery Ventures and Gemini Israel Funds, who were Neocleus’ initial investors.
Tags: co:Neocleus, inv:Battery-Ventures, inv:gemini-israel-funds
Anthony Ha writes about enterprise technology, cloud computing, tech policy, and random cool startups. Before joining VentureBeat in January 2008, he worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. Anthony attended Stanford University from 2001 to 2006, and now lives in San Francisco. Reach him at anthony@venturebeat.com.