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Kidaro Secures $10 Million in Funding
Kidaro, provider of virtual desktop computing for the enterprise without boundaries, has announced the closing of a $10-million financing round. New investor Opus Capital led the round, joining existing investors Genesis Partners and Storm Ventures. Opus Capital General Partner Dan Avida will join Kidaros Board of Directors.

Kidaros flagship product, Kidaro Managed Workspace, enables organizations to extend their desktop environment securely to users anywhere, using a serverless, scalable solution. Kidaro leverages proven virtualization technologies (VMware, Microsoft VirtualPC) to create, deploy, control and update corporate workspaces for diverse users, from remote employees to onsite temporary users, corporate laptop users and offsite facilities and subsidiaries.

"Opus Capital combines first-hand technology and management expertise, and we're gratified by their vote of confidence in Kidaro," says Kidaro CEO Ran Kohavi. "We intend to use the proceeds of this latest investment to solidify our position as premier provider of virtual desktop computing, expanding our North American sales and extending our proposition to the existing customers."

"Managing and securing end user computers while allowing users to personalize their work environment is a complex task in most enterprises" says Dan Avida, General Partner at Opus Capital, "Kidaro solves this important problem very elegantly".

"Virtualization is everywhere, and Kidaro is a promise in this growing market, says Ryan Floyd, General Partner at Storm Ventures, Kidaro leverages desktop virtualization technology to provide the missing key to solving enterprise IT challenges: from deployment and management, to security and usability."

"I believe that Kidaros technology will enable a paradigm shift in the way users interact with personal computers," says Eddy Shalev, Founder & Managing Partner at Genesis Partners, We have been working with Kidaro from the beginning, and we're confident in its continuing success."

About Kidaro

Kidaro introduces a new category of virtual desktop computing for the enterprise without boundaries. Kidaro solutions meet the productivity needs, IT challenges and security requirements of enabling enterprise computing across a diverse and physically dispersed workforce from mobile users and home workers to outsourcing and offsite facilities. For more information about Kidaro, please visit www.kidaro.com.

Published Tuesday, December 12, 2006 7:00 AM by David Marshall
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