According to an article in Yahoo Finance, ClearCube Technology recently (Sep 2011) acquired cloud computing provider Network Elites. Here’s a brief history of ClearCube’s acquisitions, spin-offs and fundings.
In May 2008, ClearCube spun-off its software business and launched it as an independent new company called VDIworks.
In Feb 2008, ClearCube secured $5 million in funding to capitalize on the rapidly growing market for Sentral™, its VDI Management System software, and virtual desktop solutions. This first stage of a new round of financing, was led by Paladin Homeland Security Fund, L.P.
In Aug 2004, ClearCube secured $25 million in funding which was led by Focus Ventures, a premier expansion stage venture capital firm, and joined by previous investors including Paladin Capital Group, Liberty Mutual, Austin Ventures, Government of Singapore, Techno Venture Management, Sternhill Partners, and Wall Street Technology Partners (a division of Dresdner Kleinwort).
In Dec 2003, ClearCube secured US$5 million in funding from GIC Special Investments (GIC SI), the private equity investment arm of the Government of Singapore Investment Corporation (GIC).
In May 2003, ClearCube announced an additional $5 million in Series D funding from Wall Street Technology Partners, a fund managed within the Dresdner Bank Group.
In Jan 2003, ClearCube secured $20 million in fourth round funding. Washington D.C.-based Paladin Capital Group’s Homeland Security and Partners’ Funds led the round and were joined by Liberty Mutual, Austin Ventures, Techno Venture Management, SAIC, Sternhill Partners and other private investors.
In Apr 2001, ClearCube closed a round of $20 million in series C funding. New investors in this third round of funding included TVM (Techno Venture Management), who also led the round, as well as SAIC Venture Capital Corporation, the venture investment arm of SAIC (Science Applications International Corporation). Returning investors included Austin Ventures, Sternhill Partners and Acer.
In Jan 1999, Vicinity Systems (Vicinity Systems became ClearCube Technology in Dec 2000) secured an additional $8 million in venture capital led by Austin Ventures and also includes Sternhill Partners, Seed Capital Partners, and private investors.
In May 2008, ClearCube spun-off its software business and launched it as an independent new company called VDIworks.
In Feb 2008, ClearCube secured $5 million in funding to capitalize on the rapidly growing market for Sentral™, its VDI Management System software, and virtual desktop solutions. This first stage of a new round of financing, was led by Paladin Homeland Security Fund, L.P.
In Aug 2004, ClearCube secured $25 million in funding which was led by Focus Ventures, a premier expansion stage venture capital firm, and joined by previous investors including Paladin Capital Group, Liberty Mutual, Austin Ventures, Government of Singapore, Techno Venture Management, Sternhill Partners, and Wall Street Technology Partners (a division of Dresdner Kleinwort).
In Dec 2003, ClearCube secured US$5 million in funding from GIC Special Investments (GIC SI), the private equity investment arm of the Government of Singapore Investment Corporation (GIC).
In May 2003, ClearCube announced an additional $5 million in Series D funding from Wall Street Technology Partners, a fund managed within the Dresdner Bank Group.
In Jan 2003, ClearCube secured $20 million in fourth round funding. Washington D.C.-based Paladin Capital Group’s Homeland Security and Partners’ Funds led the round and were joined by Liberty Mutual, Austin Ventures, Techno Venture Management, SAIC, Sternhill Partners and other private investors.
In Apr 2001, ClearCube closed a round of $20 million in series C funding. New investors in this third round of funding included TVM (Techno Venture Management), who also led the round, as well as SAIC Venture Capital Corporation, the venture investment arm of SAIC (Science Applications International Corporation). Returning investors included Austin Ventures, Sternhill Partners and Acer.
In Jan 1999, Vicinity Systems (Vicinity Systems became ClearCube Technology in Dec 2000) secured an additional $8 million in venture capital led by Austin Ventures and also includes Sternhill Partners, Seed Capital Partners, and private investors.
