Desktop virtualization company, Nivio has raised $21mn in Series A from Videocon and AEC Partner, a US based PE firm.
The investment will support nivio’s mission to bring the magic back to computing, by expanding engineering efforts in nivio’s Palo Alto office and further roll-out of the cloud platform across nivio’s operating regions in Europe, Middle East, India and Australia.
nivio sets the standard for cloud desktop performance with a downloadable, rich client experience for any device. nivio’s clients for iOS, Android, Windows and Mac will be available later this month along with the Ubiquity client, which delivers the entire desktop over any HTML5 browser. The Ubiquity client delivers the Windows OS and productivity software (such as Microsoft Office) from nivio’s Cloud to any device, eliminating the need for users to download anything. nivio’s App Store (nApps) lets users rent regular desktop software on any screen, and the nDrive provides 10GB of free storage into which they drop their files and have them synced across their devices.
nivio was founded by two friends Sachin Dev Duggal and Saurabh P Dhoot, who is Videocon chairman Venugopal Dhoot’s nephew and post funding, nivio will also get an access to 1,000 Videocon stores and reseller network to sell its desktop virtualization suite.
Watch this intro video.