Trigence Secures $8M in Funding

Application virtualization vendor Trigence has secured an $8 million round of Series B funding to allow the company to meet demands by extending the technology to additional platforms and accelerate sales through marketing and strategic partnership programs.

The financing round was led by GrowthWorks and includes existing investors BDC Venture Capital and VenGrowth Capital Partners. Tim Lee, Vice President, Investments at GrowthWorks said “GrowthWorks looks forward to helping Trigence continue on its growth trajectory.”

With Trigence AE, legacy and newly developed applications are virtualized and encapsulated into independent, moveable objects that can be relocated within Solaris and Linux operating systems to virtually any setting without compromising functionality. By turning applications into self-contained capsules, Trigence AE dramatically improves application manageability in Linux or Solaris environments and eliminates the need for reconfiguration or reinstallation to migrate, update, or move applications.

“Application virtualization is fundamentally changing the way IT departments view application management,” said David Roth, President and CEO, Trigence. “The current state of application management is inflexible, leaving most organizations with an overburdened data center marked by increased cost and inefficiencies. Our Series B financing allows us to accelerate the development of additional platform support for Trigence’s application virtualization software to further prove that customers can gain control of how, when and where they run their applications to reduce costs, increase customer responsiveness and deliver a measurable business value.”

With the space heating up and companies like Altiris getting acquired, the question becomes will Trigence be the next virtualization specialist at the application level to be acquired? Who knows. There are plenty of companies out there right now on the virtualization buying spree, looking for the next good deal to come along.