virtualization.info

The US startup Neocleus was announced just one month ago, has yet to deliver its first product and, as often happens these days, already secured a second round of investments.

The first round, $5 million, was granted by Battery Ventures and Gemini Isreal in 2007.
This second one, $11.4 million, is provided by the same venture capital firms.

Neocleus is the first virtualization vendor that tries to pitch a hypervisor (based on Xen) for desktops instead of servers, so it's easy to imagine the interest that the company raised.
Despite that there's still no mention on when their product will be released.