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Application virtualization startup Trigence has clinched $8 million in Series B funding, as the firm looks to expand across the Atlantic and launch a Windows version of its software. (See Trigence Secures $8M.)
The round, which was led by GrowthWorks and included BDC Venture Capital and VenGrowth Capital Partners, brings the startup's total funding to $17.5 million. "This funding allows us to build across the U.S. and Europe," explains Trigence CEO David Roth, adding that up until now, the firm has mainly been focused on the northeastern U.S. and Canada. (See Trigence Taps HP's Roth.)
California and Western Europe are the new target areas. "We're going to open a physical presence in Europe and grow our partner channels there," says Roth. "It's looking likely that we will use the U.K. as our gateway into Europe."
To support these efforts, Roth is planning to double the vendor's headcount by the end of the year, largely in areas such as services and support. That said, the CEO refused to reveal current headcount figures, although the firm had 22 employees back in early 2005.
Essentially, Trigence's software drags applications from one part of an IT infrastructure to another. (See Startup Shifts Applications.)
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