Numecent lands $13.6 million investment from Deutsche Telekom

Numecent lands $13.6 million investment from Deutsche Telekom

Summary: T-Venture sees value in the Silicon Valley company's "cloudpaging" technology.

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Silicon Valley startup Numecent announced this morning that it raised $13.6 million from T-Venture, the venture capital arm German telecommunications giant Deutsche Telekom.

Of interest is the company's "cloudpaging" technology, which promises to deliver a Microsoft Windows-based native application up to 100 times faster than a conventional digital download without requiring installation. The idea is to deliver native applications like their web counterparts, from the cloud, by giving them as-a-service flexibility while preserving the full feature set (including offline capabilities) of a native app.

Through this "pre-virtualization," Numecent says it can reduce network usage up to 95 percent, which matters when a growing company's global network footprint continues to expand.

The startup revealed itself last year and is aiming for traction with independent software vendors (ISVs), managed service providers (MSPs), telecommunications companies and enterprise customers. The interest from T-Ventures obviously helps with the telco segment.

The company plans to use the funds to grow its sales, marketing and engineering teams, as well as add support for the Linux and Google Android operating systems.

Topics: Networking, Cloud, Start-Ups, Telcos

Andrew Nusca

About Andrew Nusca

Andrew Nusca is a former writer-editor for ZDNet and contributor to CNET. During his tenure, he was the editor of SmartPlanet, ZDNet's sister site about innovation.

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