GraphOn Corporation Secures Venture Funding
JavaOne '98, CAMPBELL, Calif., March 24 /PRNewswire/ -- GraphOn Corporation, a developer and marketer of thin client/server software for UNIX/X application access announced today they have obtained venture funding from Spencer Trask Securities Inc., a New York City-based venture capital firm. GraphOn will use the funds to add more than 30 new employees to their roster, in addition to continuing product development and boosting sales and marketing efforts. According to Walt Keller, president of GraphOn Corporation, "MIS managers who want to preserve their investment in their UNIX/X applications, but need to integrate Windows and Java desktops, laptops, and PDAs find GraphOn's GO-Global, GO-Joe, and GO-Between to be indispensable solutions. Our venture funding will help us expand our ability to support GraphOn products in the market and develop new technologies addressing the growing need for thin client/server computing solutions." Keller added, "GraphOn plans an IPO, but is open to alliances and acquisitions by appropriate suitors." Spencer Trask, the venture capital firm providing the funding to GraphOn Corporation, represents independent investors as well as venture funding pools. According to Roger Baumberger, Managing Director of Corporate Finance at Spencer Trask, "GraphOn represents the ideal investment. Their family of products fulfills specific needs in the network market that shows no sign of slowing down. With their major corporate customers and alliances with hardware giants, GraphOn's future prospects are bright." GraphOn thin client/server software uses GraphOn's RapidX protocol allowing UNIX applications to be delivered over thin bandwidth to Windows, Windows NT and Java desktops and PDAs. GraphOn's thin X server for Java, GO-Joe, was adopted by Sun as a standard to access Solaris UNIX/X applications from Java desktops and PDAs and even through Java-enabled web browsers. Earlier this year, GraphOn announced GO-Between, a thin X server solution that uses Windows NT servers as a bridge to deliver UNIX/X applications to users of multi-user NT. GraphOn Corporation GraphOn, founded in 1982, develops powerful software to speed and simplify network computing and enable efficient thin client applications. GraphOn designed and manufactured the first thin X terminal and has since evolved into a software company. Its products include GO-Global, the world's first thin client X server for PCs running Microsoft Windows, and GO-Joe, the world's first thin client X server for Java. GraphOn has strategic relationships with major UNIX system vendors, network computer and terminal vendors, system integrators, and software companies. GraphOn's customers are primarily Fortune 1000 corporations. GraphOn is headquartered in Campbell, California. Find more data on GraphOn at http://www.graphon.com, email firstname.lastname@example.org, or call 800-GRAPHON. NOTE: Note the following attribution language: GraphOn GraphOn, GO-Joe, GO-Global, GO-Between, RapidX, and Thin X are trademarks or registered trademarks of GraphOn Corp. in the USA and other countries. UNIX UNIX is a registered trademark in the United States and other countries, licensed exclusively through X/Open Company, Ltd. Microsoft Microsoft, Windows and Microsoft Explorer are trademarks or registered trademarks of Microsoft Corporation in the USA and other countries. Java and Sun Sun and Java are trademarks or registered trademark of Sun Microsystems, Inc. in the United States and other countries. All other products are trademarks of their respective companies.RELATED LINKS
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