Workspot Gets $6.2M in New Funding to Back a Major Growth Spurt

by Brad Peterson on Oct 21, 2016 6:00:00 AM

We are pleased to announce that Workspot just closed $6.2 million in Series B funding. The round was led by Presidio Ventures, with additional funding from Folllow[the]Seed, Helion, Translink, and WTI.

The new funds come at an exciting time in Workspot’s history. Recently, we won the Best of VMworld 2016 Gold Award for Desktop and Application Delivery. During this same period our bookings grew by 500% across multiple verticals, including government, healthcare, and education.

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This incredible growth is due, in part, to increasing partnerships with channel partners – we closed a quarter of new deals with them. We’re also seeing a surge of interest from Managed Service Providers who want to deliver Desktops as a Service (DaaS) to their customers using our scalable multi-tenant architecture.

This year, our partnerships with leading hyper-converged infrastructure vendors have grown considerably and now include: Nutanix, Hewlett Packard Enterprise, Scale Computing, and Atlantis Computing.

It’s big news

Yesterday, the story hit the wires and was picked up Yahoo! Finance, The Arizona Republic, The Sun Herald, The Tribune, Fortune and Tech Co. Here are two leading quotes from the announcement.

Ajoy Mallik, Founder and Managing Partner at Follow[the]Seed, highlighted Workspot’s business strengths:

“Knowing the challenges most enterprise companies face first hand, we decided to invest in Workspot -- the leader in the enterprise VDI market. With excellent customer traction, a solid team and great existing investors, it is our privilege to be part of Workspot's growth story."

Director of Venture Investment at Presidio Ventures, Shaun Tanabe, focused on the mission-critical benefits that Workspot offers business:

"Workspot's leading VDI 2.0 solution enables customers to rapidly deploy virtual desktops and applications to their end users. In a world in which secure mobility and accessibility are critical to business success, Workspot demonstrates a proven ROI that fundamentally impacts a company's bottom line. We couldn't be more pleased to be partnering with Workspot's management to help drive the company's continued momentum.

Funding will fuel sales and marketing initiatives

Workspot’s VDI 2.0 is an infinitely scalable, cloud-native solution that challenges legacy VDI vendors and reduces the single point of failure provided by those solutions. The new funding will enable VDI 2.0 to gain a stronger foothold in an otherwise well-established VDI market. Our strategy will be to rapidly expand sales and marketing initiatives to really get the word out about VDI 2.0.

If you're interested to see how VDI 2.0 could work for you, check out our resource page where you can find videos and whitepapers.  Or click on the link below to see how - in 15 minutes - our solution could be implemented in your current environment.

Workspot insanely simple VDI

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This post was written by Brad Peterson

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