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Viewfinity Raises $8.6 Million In Series B Funding

December 22, 2009 by Robin Wauters Leave a Comment

Waltham-based Viewfinity, which came out of stealth mode with its first product earlier this year, has reported a $8.6 million Series B round that includes a new investor, Longworth Venture Partners.

Viewfinity, founded in 2007 by former XOsoft executives, reported the new funding in a filing with the U.S. Securities and Exchange Commission. The company’s technology, also called Viewfinity, is a management toolthat works with virtualization software layers, called hypervisors, provisioning persistent desktops and providing single-image management of applications through an agent that enables system administrators to do rules-based provisioning without letting desktop images proliferate, according to the company.

The SEC filing indicated that the total offering is $9.1 million, including a portion outside the U.S., and that Viewfinity is selling $6 million in Series B preferred shares and lists $3.1 million in loans converted to Series B preferred shares.

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