Cloud specialist Numecent has announced it's closed a major funding round and secured $13.6 million in funding led by T-Venture, the VC arm of Deutsche Telekom.
In 2012, the CA, Irvine-based Numecent came out of obscurity to bring its virtualisation or cloudpaging technology to the market.
Numecent's cloudification process allows Windows apps to be streamed from the cloud which effectively eliminates the need for app installation on an end device.
Part of the funding will also be used to make cloudpaging available on Linux, Android and other mobile platforms.
Castle in the cloud
Numecent's allure to customers is that it can keep an end device (like a Windows 8 tablet) pristine and free of installation problems.
For developers, Numecent allows customers to access large apps without needing to download them directly to their devices - thereby avoiding the download hell experienced during slow connections.
It claims it can deliver a native application from the cloud between 20x to 100x faster compared to a linear download.
Dr. Aleksandar Mitrovic, SVP for technology and Platforms at Deutsche Telekom's product & innovation division summarised his company's feelings on Numecent and its potential in the market thus:
"Numecent has a potentially game-changing new technology with a huge wow factor. We are delighted to support them with this investment through our T-Venture subsidiary."
[source: Wall Street Journal]
Deal
US Correspondent
Representing the former colonies, Matt keeps the Pocket Gamer news feed updated when sleepy Europeans are sleeping. As a frustrated journalist, diehard gamer and recovering MMO addict, this is pretty much his dream job.
Related Articles
Top Stories
Feature
Apr 25th, 2024
"Gaming in MENA is just starting. Investment will bring more attention to the region and create more opportunities"
Feature
Apr 24th, 2024
48 top mobile games in soft launch: Squad Busters, CSR 3, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Events
Esports Future Summit | Middle East | Apr 27th |
Dubai GameExpo Summit 2024 | Middle East | May 1st |
The MENA Games Industry Awards 2024 | Middle East | May 2nd |
GameDev Atlantic 2024 | May 4th | |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Popular Stories
News
Apr 23rd, 2024
Supercell’s Squad Busters soft launches today with over 100,000 Google Play downloads
Feature
Apr 24th, 2024