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
News
May 31st, 2024
Week in Views - Squad Busters goes global, broken app stores, and Hill Climb Racing gets the LEGO treatment
News
May 31st, 2024
Mobile Movers: All the latest appointments and job moves from around the industry
Events
Indie Game Fest & Indie Campus 2024 | Europe | May 31st |
Indie Craft K-Game Festival 2024 | Europe | May 31st |
BostonFig Online 2024 | Jun 1st | |
GameSummit Summer 2024 | Jun 1st | |
Gotland Game Conference 2024 | Nordic | Jun 3rd |
Games Mental Health Summit 2024 | Europe | Jun 3rd |
Dev Play Conference 2024 | Europe | Jun 3rd |
Tribeca Games Festival 2024 | North America | Jun 5th |