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
7 hours, 56 minutes ago
Hot Five: AppLovin revenue surges 48% Y/Y, Plarium and Big Fish up for sale, and a look inside Merge Mansion's growth
Feature
9 hours, 44 minutes ago
55 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Events
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
MomoCon 2024 | North America | May 24th |
Morocco Gaming Expo | Africa | May 24th |
For The Win 2024 | Europe | May 29th |
Popular Stories
Feature
9 hours, 44 minutes ago
55 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
May 14th, 2024