Trigence secures $8 million in Series B funding
Summary
Quoting from the Trigence official announcement: Trigence, the leader in virtualization at the application level, today announced it has raised $8 million in new financing. The investment brings Trigence’s total venture funding to $17.5 million. The additional funding, which is led by GrowthWorks and includes existing investors BDC Venture Capital and VenGrowth Capital Partners, will be used to meet demand by extending the technology to additional platforms and accelerate sales through marketing and strategic partnership programs. With Trigence AE, legacy and newly developed applications are virtualized and encapsulated into independent, moveable objects that can be relocated within Solaris and Linux operating systems to virtually any setting without compromising functionality. By turning applications into self-contained capsules, Trigence AE dramatically improves application manageability in Linux or Solaris environments and eliminates the need for reconfiguration or reinstallation to migrate, update, or move applications.