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Last week Pano Logic announced its third round funding, equal to $20M and led by Mayfield Fund.

As result, Mayfield’s Navin Chaddha will join the company’s Board of Directors.

With this investment, the startup raised more than $40M. The previous round, $18M, was led by Foundation Capital and Goldman Sachs.

Pano Logic revealed that its sales tripled in 2009 and while its revenue may just get better this year, the startup is seeing increasing pressure from bigger firms that embrace the idea of a zero client for thin computing and VDI environments.
Dell, for example, just announced its own zero client: the FX100.

The good news is that Pano Logic just closed an OEM agreement with Fujitsu.
Simply dubbed Fujitsu Zero Client, the OEM’ed product is available starting this month in every country where Fujitsu operates, as far as we understand.

Labels: Funding, Pano Logic, VDI

After launching its own remoting protocol and securing a grand total of $18 million in funding, the startup Pano Logic releases an update for its VDI platform Pano System.

The new version 2.7 introduces support for VMware vSphere 4.0, some performance enhancements and a couple of new features:

• Policy-based installs and updates
  This allows to perform group policy installs and updates of the Pano Direct Service seamlessly and automatically, and allowing for Pano Manager to also be updated from within the administrator interface
• Remote user logoff and disconnect commands
  This enables the administrators to use the Pano Manager interface to logoff and disconnect users accessing their desktop virtual machines (DVMs) via Pano Devices for one-console management

Labels: Pano Logic, Releases, VDI

The startup Pano Logic continues to extend its executive team with experienced leaders in the IT industry.

The first one was John Kish, the former President and CEO of Wyse Technologies, that joined the company in October 2008 for the same role.

Then, in February 2009, Pano Logic secured Brian Cox, the former Vice President of Sales Operations at EqualLogic, that covered the role of Executive Vice President of Worldwide Field Operations.
Before his job at EqualLogic, Cox was the Vice President of Worldwide Sales Strategy and Field Programs at VMware.

And now the company hires Jeffrey Page, the former Vice President of Finance and Operations at Firetide, a provider of multi-service mesh networks for industrial and municipal applications.
Before that job, Page was the Director of Sales at Sony Ericsson Mobile Communications.

Labels: Leadership, Pano Logic

The US startup featuring an interesting end-to-end VDI solution (which doesn’t require Microsoft RDP anymore) just secured additional $6 million from the venture capital firms that participated the Series B funding: Foundation Capital and Goldman Sachs.

With this operation, the total amount of funds raised in this second round of investments is $18 million.

The interest around VDI is growing more and more every day and this startup will need all the money it can collect to compete against giants like VMware (which just announced an open source VDI client) and Citrix (which recently announced a groundbreaking partnership with Intel).

Labels: Funding, Pano Logic

The startup Pano Logic releases today version 2.5 of its VDI platform.

Its Virtual Desktop Solution (VDS) is comprised of a connection broker, the Pano Management Server, that currently supports VMware Infrastructure, and a minimal thin client that doesn’t require an operating system or any other software.

This 2.5 release is specially important for the company as it ditches Microsoft RDP as the remote desktop protocol of choice.
Pano Logic developed its own remoting protocol called Console Direct, which delivers audio, video and USB device interfaces on the zero client.

The company published a presentation of this new technology.

Pano Logic is not the first company working to replace RDP in VDI environments: Qumranet (recently acquired by Red Hat) was the first to drop the Microsoft protocol for their own, called SPICE,  and VMware is working with Teradici to do the same.
Even Microsoft itself took serious steps to renew RDP for VDI purposes, acquiring the company Calista.

The only VDI players that are seriously enhancing RDP without looking at replacements are Citrix and Quest/Provision Networks that recently achieved a 8x compression factor for RDP sessions.
We’ll see which approach will return the most on the investment once that Microsoft will have integrated Calista technology.

Labels: Pano Logic, Releases

The US startup Pano Logic, offering a complete VDI platform made of a software connection broker and a hardware thin client, has just appointed its new President and CEO: John Kish.

Kish can really boost the company popularity as he comes from one of the most popular thin client vendor: Wyse Technologies.

Kish also has a notable experience with Oracle: when he was a senior manager there he established the company's presence on the desktop. Under Kish's leadership, Oracle's Desktop Products Division grew to over 400 employees and over $400M in revenues.

Maybe the first step under his control will be supporting Oracle VM, which Gartner says it’s becoming more popular than Microsoft Hyper-V.

Labels: Leadership, Pano Logic, Wyse Technologies