What is NComputing?
NComputing Inc., headquartered in San Mateo, California, specializes in delivering client virtualization solutions. These solutions aim to simplify IT infrastructure and enhance user productivity by enabling multiple users to share a single host computer. The company's technology is designed to reduce hardware costs, lower energy consumption, and streamline device management for organizations across various sectors. By offering accessible and efficient virtualization platforms, NComputing addresses the growing demand for cost-effective and scalable computing environments, positioning itself as a key player in the desktop virtualization market.
How much funding has NComputing raised?
NComputing has raised a total of $58.2M across 5 funding rounds:
Series A
$8M
Series B
$28M
Other Financing Round
$21.8M
Debt
$150K
Debt
$223K
Series A (2006): $8M with participation from Scale Venture Partners
Series B (2007): $28M led by Daehong Technew, Menlo Ventures, and BA Venture Partners
Other Financing Round (2012): $21.8M supported by Daehong Technew, Menlo Ventures, QuestMark Partners, and Scale Venture Partners
Debt (2020): $150K featuring PPP
Debt (2021): $223K backed by PPP
Key Investors in NComputing
Scale Venture Partners
Scale Venture Partners is an early-stage venture capital firm that invests in founders building category-defining businesses. They provide hands-on consulting and go-to-market advisory from experienced executives to support companies on their journey from founder-led growth to scalable operations. Their portfolio includes notable companies such as DocuSign, HubSpot, and Box, reflecting their commitment to backing innovative startups. The firm focuses on partnering with early-stage AI companies, helping them navigate the challenges of growth and market entry.
Daehong Technew
Daehong Technew is a supplier of semiconductors and displays. It provides specialty materials, components for the chemical and electronics industry. The company was formed in 1988 and is based in Seoul, Korea.
Menlo Ventures
Menlo Ventures is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer internet, fintech, infrastructure, and frontier tech, typically taking board roles and partnering with founders through multiple stages of scale.
What's next for NComputing?
The recent strategic investment signifies NComputing's continued trajectory for growth and market expansion. With a history of securing substantial capital, including Series A and B rounds, the company is well-positioned to further develop its product offerings and enhance its go-to-market strategies. Future endeavors will likely focus on leveraging this backing to innovate in the client virtualization space, potentially exploring new hardware integrations, software enhancements, and cloud-based solutions. The company's ability to attract significant backing suggests strong investor confidence in its business model and future prospects, indicating a strategic push towards solidifying its market leadership and exploring new enterprise opportunities.
See full NComputing company page
