Yesterday we announced our new round of funding lead by NGEN Partners with contributions from existing investors Khosla Ventures and Highland Capital Partners, MokaFive Raises $21 Million in Venture Capital Funding. Over the past year, we have built a great enterprise-class product that is now deployed within large F1000 companies. With our product now proven in production, this funding allows us to rapidly scale our business and deploy new customers.
Why did a clean technology VC firm like NGEN Partners invest?
Like all successful venture capital firms, first and foremost they seek to invest in companies with a sound business model and huge market potential. Secondly, they look for opportunities to advance the mission and benefits of clean and green environments. You may ask yourself: how is a desktop management (virtualization) company like MokaFive “green”?
It’s very simple. Compared to VDI, or server-based computing, MokaFive's distributed virtual desktop solution offers a 90% reduction in number of servers needed –that is 90% less power, less space, less cooling and less bandwidth. In addition, the model provides *all* the benefits that accrue from a centralized management model. Also, the MokaFive model is a perfect solution to enable green initiatives, such as work from home. You can now simply provide employees with a secure, encapsulated virtual image that can run either on their machine at home or at work (bye-bye to worries about VPN on unknown, unsecured machines, access to terminals over low bandwidth, etc.). Telecommuting avoids not only the fuel used by commuters, but also the overhead energy costs needed to maintain a workplace.
Now, let’s talk about the market potential. End-user computing is being transformed by a huge variety of new devices and increasing numbers of mobile users. This change has marched right into the enterprises. As a result, managing computers with the necessary security and flexibility has become enormously expensive. MokaFive’s revolutionary approach allows you to cut traditional desktop management costs by as much as 50%. Our management solution enables you to maintain a single virtual image across any device and any user (e.g., employee, contractor, or teleworker). The virtual image is deployed to the endpoint so it eliminates the huge outlay in servers that VDI requires. The market potential to deliver a new, more effective model to update and maintain secure corporate environments across disparate, dispersed device and user types.
We are very excited to have NGEN on board, and we look forward to accelerating our business this year.
.png)
Purnima Padmanahban, VP of Products
Why did a clean technology VC firm like NGEN Partners invest?
Like all successful venture capital firms, first and foremost they seek to invest in companies with a sound business model and huge market potential. Secondly, they look for opportunities to advance the mission and benefits of clean and green environments. You may ask yourself: how is a desktop management (virtualization) company like MokaFive “green”?
It’s very simple. Compared to VDI, or server-based computing, MokaFive's distributed virtual desktop solution offers a 90% reduction in number of servers needed –that is 90% less power, less space, less cooling and less bandwidth. In addition, the model provides *all* the benefits that accrue from a centralized management model. Also, the MokaFive model is a perfect solution to enable green initiatives, such as work from home. You can now simply provide employees with a secure, encapsulated virtual image that can run either on their machine at home or at work (bye-bye to worries about VPN on unknown, unsecured machines, access to terminals over low bandwidth, etc.). Telecommuting avoids not only the fuel used by commuters, but also the overhead energy costs needed to maintain a workplace.
Now, let’s talk about the market potential. End-user computing is being transformed by a huge variety of new devices and increasing numbers of mobile users. This change has marched right into the enterprises. As a result, managing computers with the necessary security and flexibility has become enormously expensive. MokaFive’s revolutionary approach allows you to cut traditional desktop management costs by as much as 50%. Our management solution enables you to maintain a single virtual image across any device and any user (e.g., employee, contractor, or teleworker). The virtual image is deployed to the endpoint so it eliminates the huge outlay in servers that VDI requires. The market potential to deliver a new, more effective model to update and maintain secure corporate environments across disparate, dispersed device and user types.
We are very excited to have NGEN on board, and we look forward to accelerating our business this year.
.png)
Purnima Padmanahban, VP of Products
No comments:
Post a Comment