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Friday, 29 October 2010 11:57

Cloud Computing Startup Nomadesk Raises $7 Million Series B To Support US Expansion

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Nomadesk, formerly known as Aventiv, offers one of the most elegant cloud-based data sharing, synchronization and storage solutions on the market, and you’ve probably never even heard of it.

Perhaps this will change in the near future, as the Belgian company has just raised $7 million in Series B financing to support its

plans for expansion in North America.

The capital injection comes from previous backer GIMV and a new investor, BAMS Angel Fund.

To bring its solutions to market, Nomadesk partners with operators and OEMs, and it’s precisely that indirect business that it aims to accelerate using the new funds. The company already boasts agreements with leading ISPs and hosting companies in Belgium, namely Telenet and Hostbasket, but has also struck partnerships with US-based Novatel Wireless and Canada’s Bell.

With the new funds, Nomadesk intends to expand its international presence as its pipeline for new partners in North America and other parts of the world is filling up nicely, according to the company.

Nomadesk, for the first time to my knowledge, also publicly disclosed who sits on its board of directors. Apart from management and investor representatives, the board includes people like Yves Michali (formerly at Novell, Microsoft, Mobiclick and Groove Networks) and Yvan Morel de Westgaver (previously an executive at EDS and now an active private equity investor).

Nomadesk has now raised more than $10 million in venture capital.


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Authors: Robin Wauters

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