Digital Edition

SYS-CON.TV
Virtual Hosted Desktop Vendor Leostream Raises $3 million Series A Round
Led by Meakem Becker Venture Capital

Leostream announced it raised US$3 million in a first round of venture capital funding led by Meakem Becker Venture Capital of Pittsburgh, PA. Leostream will use the proceeds from its sale of Series A shares for the expansion of sales and marketing.

“Leostream has been shipping virtualization-related products since 2003,” said Leostream CEO Michael Palin. “We are well-positioned as a connection broker for Hosted Desktops, supporting Virtual Machines, Physical Machines, and Terminal Services. Working with Meakem Becker allows us to add sales and marketing resources and expand our reseller channel globally to better serve our customers and partners.”

Leostream customers include Avaya, Bell Canada, Commerzbank, The Mayo Clinic, Samsung, the US Patent and Trademark Office, and 100 other organizations in multiple industries.

For more information on Leostream contact Anna Choi, anna.choi@resultspr.net at Results PR.

About Virtualization News
SYS-CON's Virtualization News Desk trawls the news sources of the world for the latest details of virtualization technologies, products, and market trends, and provides breaking news updates from the Virtualization Conference & Expo.

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1



ADS BY GOOGLE
Subscribe to the World's Most Powerful Newsletters

ADS BY GOOGLE

In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and ...
While some developers care passionately about how data centers and clouds are architected, for most,...
The Internet of Things will challenge the status quo of how IT and development organizations operate...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-fo...
A traditional way of software development efforts reimbursing is pay by the hour, which in case of r...
More and more companies are looking to microservices as an architectural pattern for breaking apart ...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savin...
Traditional IT, great for stable systems of record, is struggling to cope with newer, agile systems ...
Adding public cloud resources to an existing application can be a daunting process. The tools that y...
Organizations planning enterprise data center consolidation and modernization projects are faced wit...
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often ...
CI/CD is conceptually straightforward, yet often technically intricate to implement since it require...
Fact: storage performance problems have only gotten more complicated, as applications not only have ...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can ...
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an ...
"I think DevOps is now a rambunctious teenager – it’s starting to get a mind of its own, wanting to ...
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in developm...
"We focus on SAP workloads because they are among the most powerful but somewhat challenging workloa...
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are rep...