Mosley Ventures Leads Round for FSLogix
Funding will fuel growth after successful 2014 launch of solutions for cloud desktops
ATLANTA, Jan. 12, 2015 /PRNewswire/ -- FSLogix, developers of next-generation solutions for physical and virtual desktops, today announced that is has secured US $1.1 million of an anticipated $2M total raise, led by Mosley Ventures of Atlanta, Georgia. That brings the total raised to $2.3 million, and will be used to fuel the company's innovative technology solutions for virtualized cloud desktops.
FSLogix Apps is a revolutionary approach to de-layering the desktop, providing real-time access to enterprise applications, image reduction, and license management. FSLogix Apps is purpose built to deliver on a wide range of Windows based platforms, greatly simplifying the path from traditional to virtual environments, and dramatically reducing the management overhead required to manage enterprise workspaces. For DaaS partners, FSLogix Apps eliminates multiple layers of management infrastructure, creating a single, unified approach to image management and application delivery. FSLogix Apps helps to fully optimize operational costs for DaaS providers delivering specialized applications or full, virtualized desktops to individual users or a broad base of enterprises.
"We're very excited to add investors with a track record like Mosley's to FSLogix," said Kevin Goodman, FSLogix CEO and co-founder. "The cloud desktop market is predicted to grow at 85% CAGR over the next 5 years at close to $1 billion, and Mosley brings substantial experience navigating in this level of growth. For the global cloud desktop transition to be fully realized, both IT shops and service providers need purpose-built solutions that maximize cost savings and efficiencies of this new model. We started FSLogix with the vision to meet this challenge, leveraging the latest technological advancements and some of the most experienced people in the industry."
"At Mosley, we look for innovative start-ups with massive growth potential," said John Vecchio, Partner at Mosley Ventures. "The cloud desktop market is trending toward huge growth over the coming decade, a transition that could impact over 800 million corporate desktops world-wide. FSLogix has proven they have the right technology to be a critical force in driving this shift."
John Abbott, with technology analyst firm 451 Research, noted the round as a critical milestone for the company. "Top organizations have been working on removing IT complexity in preparation for the transition to next-gen VDI and hyper-converged cloud based desktop services. These services represent the future of desktop computing and application delivery. Since their launch in 2013, FSLogix has demonstrated that their new and innovative approach has the right elements for success."
FSLogix Apps next-generation application virtualization:
- Eliminates silos
- Ensures license compliance
- Simplifies version control
- Manages printer visibility
- Massively reduces gold images
- Solves Java conflicts
- Hides critical data files
To learn more about FSLogix Apps and request trial ware, please visit www.fslogix.com.
About FSLogix
Founded in 2013 by industry veterans Kevin Goodman and Randy Cook, FSLogix Apps provides Dynamic Application Visibility, enabling policy-based control of when any application is visible to individual users or groups, from a single golden image. With FSLogix Apps, IT administrators realize the benefits of a single golden image for all Windows® applications on physical, VDI and Citrix/RSDH platforms. The company is funded by angel investors and venture capital group, Mosley Ventures.
About Mosley Ventures
Mosley Ventures is a venture capital fund investing in early stage technology startups in Atlanta and the Southeast. We primarily invest in the following sectors – security software, mobility and wireless, big data and healthcare IT. Sig Mosley is the Managing Partner of Mosley Ventures. Since 1990, Sig has been the most prolific southeast investor in 122 startups with 83 liquidity events. Sig is currently the record holder of the largest southeast venture deal with the $5.7 billion acquisition of Tradex by Ariba.
SOURCE FSLogix
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