$8.6 million in B Round for Desktop Virtualization Viewfinity

Not often will you hear a VC say that the decision to invest millions of dollars in a start up was ‘easy’, but Viewfinity seems to break the rule. Desktop virtualization start-up Viewfinity Ltd. has raised $8.6 million in a second round led by current investors Giza Venture Capital and JK&B Capital as well as new investor Longworth Venture Capital. The round brings the company to a total of $15.3 million raised to date.

Viewfinity offers a SaaS-enabled solution for managing, supporting and controlling desktops, laptops and Windows servers, regardless of worker location. The system enables remote desktop control and system management control, a big pain relief for IT administrators who can now easily roll back user settings, centralize software versions, block applications and enforce the company’s IT policy.

The founders of Viewfinity, Leonid Shtilman (CEO), Gil Rapaport (president), and Dmitry Barboi (CTO) were the entrepreneurs behind XOsoft, a virtualization company sold to CA in 2006 for approximately $100 million. They started working on the product while at CA and decided to launch their own company.

Viewfinity was incorporated in 2007 and is based in Waltham, Massachusetts with development centers in Israel and Ukraine, employing about 32 people. The company is currently recruiting across the board according to its website. No wonder then, that Zvi Schechter said that the decision to invest in Viewfinity was easy. “This is a group with a proven track record. They know what they’re doing.”

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December 30, 2009 | View Comments
Filed Under JK&B Capital, Longworth Venture Capital, Viewfinity, giza venture capital

 

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