| Pano Logic Announces $12 Million Funding |
| Wednesday, 30 January 2008 by Michel Roth | |||
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Remember what Pano Logic is about? The entire Pano Logic VDI solution consists of a client, a Windows machine running the Pano Management Server and ESX Server to host the virtual desktop. The Client is a tiny hardware box that has no software installed.It allow for connection of the user's keyboard, monitor, mouse, audio and USB peripherals. These hardware items are then connected via IP to the virtual machine the user is using. Pano says they are using the IP network as an extension of the PC's bus, so PCI can connect to these peripherals. The Pano hardware box only has a button (affectionately called the Pano button) which is able to run a command on the virtual desktop. Currently all this button can do is, reboot the virtual machine. In the future though Pano is planning on using the button to present the user with snapshots of their virtual desktop. So Pano Logic that announced it has completed a $12 million series B funding round led by Goldman Sachs, and joined by existing investors ComVentures and Foundation Capital. Pano is planning to use the funding to keep up with the growing demand within the enterprise for desktop virtualization solutions; it wants to accelerate product development, expand sales and marketing efforts, and secure additional channel/SI partners to address the midmarket.
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