Stealth Startup Numecent Raises $2 Million Series A For “Cloudpaging” Technology

Numecent, a stealth startup building a patented “cloudpaging” technology, just raised $2 million in Series A funding from undisclosed corporate investors. The $2 million tranche is a part of a larger $10 million funding round, and is in addition to the $7.5 million in seed funding the company has already raised from private investors. Exact details as to what Numecent is developing are not known, beyond a general description of what “cloudpaging” means, as provided by the company.
The term “cloudpaging,” says Numecent, refers to a specific (and patented) “push-pull” paging technology which allows software instructions and data to be demand-paged from the cloud in real-time. The company claims that cloudpaging will allow any software, app or game to pull this data on-demand to any connected device in a secure, metered and virtualized fashion. The company is even positioning cloudpaging as the successor to streaming, and holds 10 patents for application streaming and virtualization through its subsidiary, Endeavours Technologies. It’s also worth mentioning that Endeavors Technologies was spun out of a think tank for a DARPA project.
Numecent is also now claiming to have high-profile testers who have begun to deploy its hybrid-cloud solution in mission-critical environments. The company plans to exit stealth in March, at which time the company will reveal more details about the cloudpaging technology itself and how it’s being used.
Alongside the funding news, Numecent also announced that Osman Kent, previously the co-founder of 3Dlabs, has joined the company as the new CEO.
Earlier this month, Numecent launched an “application jukebox” for Red Hat, which allows traditional Windows applications to be delivered to Red Hat Enterprise Virtualization-hosted desktops.

Source:http://techcrunch.com/2012/02/01/stealth-startup-numecent-raises-2-million-series-a-for-cloudpaging-technology/