Leostream secures $2 million in Series B funding

Vendors & Products >
- Radar
  The Virtualization Industry Radar is the virtualization.info database tracking over 80 virtualization vendors and more than 100 products.
- Roadmap
  The Virtualization Industry Roadmap tracks the past and upcoming releases for all the virtualization products listed on the Radar.
- Buyer's Guide
  The virtualization.info Buyer's Guide compares the feature-set of several products in the same market segment.
- Reviews
  The virtualization.info Review Center publishes extensive and unbiased analysis of enterprise virtualization products.
Market Trends >
- Challenges
  The Virtualization Industry Challenges report tracks the top 10 issues when embracing virtualization.
- Predictions
  The Virtualization Industry Predictions tracks all the forecasts of the leading analysis firms about the virtualization market for the next 5-10 years.
Resources >
- Whitepapers
  The virtualization.info document library collects whitepapers from the industry vendors about several virtualization topics.
- Webcasts
  The virtualization.info video library collects webcasts from the industry vendors about several virtualization topics.
- Interviews
  Unplugged discussions with virtualization leaders.
Services >
- Rent-A-Lab
  Rent-A-Lab is an on-demand data center that virtualization professionals can rent and access remotely.
- Job Board
  The virtualization.info's Job Board is the place to go when looking for a new cool job in the virtualization industry.
- Bookstore
  The virtualization.info's Bookstore allows to browse and buy any English book about virtualization technologies. Powered by Amazon.
Get Together >
- Vanguards Community
  The virtualization.info Vanguards network connects over 2000 vitualization professionals across the globe.
- Virtualization Congress
  The Virtualization Congress is the virtualization.info's independent conference about application, OS and hardware virtualization.

日本語

Leostream secures $2 million in Series B funding

Posted by Alessandro Perilli | Wednesday, November 25, 2009 |

Leostream is one of the oldest firm in the x86 virtualization market. The startup survived many years without seeking venture capitals, changing its business focus and product line a couple of times, and facing increasing competition from VMware and others in the VDI market where it is positioned today.

In May 2008, Leostream finally accepted financial help, raising $3 million from Meakem Becker.
Last week the same firm fueled Leostream with another $2 million, as confirmed by Xconomy.

The article mentions that Leostream is not yet profitable, and that Meakem Becker hopes tha this additional cash infusion will be enough to cover operational costs until profitability.

Labels: Funding, Leostream

| Email this article

| Subscribe to virtualization.info

Comments

blog comments powered by Disqus

Attention! Your browser is blocking Javascript code.virtualization.info needs JavaScript to enable several features and show part of its contents.

virtualization.info Sponsors

virtualization.info Editions: 日本語 | iPhone™
virtualization.info Network: virtualization.info | virtualization.tv | Virtualization Congress