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Tuesday, March 22, 2011

Viewfinity gets $3M financing

By Michelle Lang

Viewfinity Inc., a Waltham desktop virtualization company, has rounded up $3 million in a securities offering of debt, options and warrants, according to a filing with the U.S. Securities and Exchange Commission.

The regulatory filing indicates that the $1.9 million noted in the filing came from U.S. sales, while the full $3 million includes sales outside the U.S.

Launched in 2007, Viewfinity pulled in a $9 million Series B financing round in February 2010, backed by Longworth Venture Partners, JK&B Capital and Giza Venture Capital.   At the time, the company also filed a new patent for systems and privileges management software and embarked on a new go-to-market strategy aimed at businesses looking to move up to Microsoft Corp.’s Windows 7 operating system.

Viewfinity offers three product suites: systems management, privileges management and help with migration from Windows XP or Vista to Windows 7. The migration product is being offered for free — a go-to-market strategy designed to help the company upsell on its other two products.

 

 

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