Mind-Blowing Cloud Startup Numecent Wants To Change How You Use Android Apps, Too
May 29, 2013
Grazed from Business Insider. Author: Julie Bort.
Numecent, a company that has a new kind of cloud computing technology with the power to change the software industry, has been making steady progress since it came out of stealth a little over a year ago. Today, it announced a $13.6 million investment from T-Venture, the VC arm of German Telecom giant Deutsche Telekom. The total raised to date is just under $27 million.
The company was cofounded by wealthy tech mogul Osman Kent, best known for his previous company, 3Dlabs which he sold to Creative Labs in 2002 for about $170 million. Kent had retired from tech and was kicking around as a music producer with his own record label (Songphonic Records) and living in an English mansion formerly owned by Roxy Music’s Phil Manzanera, he previously told Business Insider…
But he stumbled upon a struggling company called Endeavors and was so blown away by its tech, that he left retirement, bought the company and relaunched it as Numecent. Numecent offers something it calls "cloud paging" that instantly turns any software, even an operating system itself, into something that can be streamed from a cloud without any rewriting of the code…
Read more from the source @ http://www.businessinsider.com/numecent-just-gained-a-big-name-investor-2013-5