Home Uncategorized Numecent Closes $13.6M Funding Round

Numecent Closes $13.6M Funding Round

Numecent has closed $13.6 million in a funding round led by T-Venture, the VC arm of Deutsche Telekom.  The financing will be used to fund organizational growth in sales, marketing and engineering, says the company.  

Numecent is a B2B business, and provides digital delivery, deployment and provisioning of native software and other non-linear assets through virtualization. The company uses patented ‘cloudpaging technology’ that it says can reduce the network footprint of digital downloads between 20x and 100x and execute them natively without actually requiring installation. Once cloudpaged, applications can even run off-line.

 

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