
Frame, the secure cloud workspace platform, announced
today that it has closed a $16 million funding round from Bain Capital
Ventures, Microsoft Ventures and In-Q-Tel, with participation from
previous investor CNTP. The company will use the investment to
accelerate the market shift from legacy on-premises desktop
virtualization to the secure and scalable Frame cloud platform.
Frame
delivers virtual applications and desktops to any device, anywhere,
using hyperscale cloud services like Microsoft Azure and Amazon Web
Services. It helps organizations increase security, improve mobility,
lower their capex and reduce management costs.
Frame's
unique extensibility allows customers to create purpose-built cloud
workspaces and connect them easily with other cloud services, like
identity and storage. End users retain the rich, full-featured
experience of desktop applications on all devices, including PCs, Macs
and Chromebooks. Current users include Adobe, Autodesk, HP, Siemens and a
number of public sector organizations.
"Frame is the new
technology leader in the multi-billion-dollar desktop virtualization
industry," said Salil Deshpande, managing director at Bain Capital
Ventures. "Unlike prior-generation VDI, Frame is programmable and
extensible, has rewritten the technology stack from the ground up on
modern protocols and standards, has been battle-tested by many
developers, ISVs, IT organizations and government agencies and is
commercially viable today."
"Cloud-based application delivery is
orders of magnitude faster and simpler to deploy than traditional VDI,"
said Patrick Moorhead, founder of Moor Insights & Strategy, a
leading research and analyst firm. "With gigabit-class cellular networks
soon available to all mobile devices, enterprises can reimagine the
computing model by offering ubiquitous access to applications from any
device."
"Frame delivers unparalleled business value to
enterprises worldwide, giving millions of applications the most direct
path to run from the cloud to a diverse set of browser-equipped
endpoints," said Nagraj Kashyap, corporate vice president at Microsoft
Ventures. "We look forward to supporting Frame in their growth as they
transform the end-user computing industry."
"Frame takes virtual
desktops to the next level by delivering a solution that operates
completely within a web browser at performance levels we have not seen
before," said George Hoyem, managing partner, Investments at In-Q-Tel.
"The ability to reduce security risks with zero-footprint virtual
desktop clients, while simplifying management of desktop software, is
attractive to our government partners."
The rise of
Software-as-a-Service demonstrated benefits of device-independent,
browser-based application distribution. Frame now provides the same
benefits and ease of use to any enterprise, instantly modernizing IT
operations in industries with sophisticated workflows and no SaaS
alternatives, such as manufacturing, AEC/EPC and digital content
creation.
"Until now, desktop virtualization was a powerful idea
that rarely delivered a great user experience. It was too slow,
complicated and inflexible," said Nikola Bozinovic, founder and CEO of
Frame. "Frame is the first solution that truly delivers on the promise
of desktop virtualization in the cloud. We built it from day one to take
full advantage of the cloud, so it's faster, simpler and more scalable
than anything that came before it."
As part of the investment, Salil Deshpande, managing director from Bain Capital Ventures, joins the Frame board of directors.