Gizmox and Graymatics are the latest cloud computing companies to obtain funding from Citrix.
US-based virtual computing conglomerate Citrix Systems has launched a strategic cooperation agreement with Israel-based cloud computing start-up Gizmox, while also investing in US-based cloud company Graymatics.
The agreement with Gizmox includes a $2.5m investment from Citrix, as part of a $3.5m convertible loan, according to news provider Globes Online. Gizmox develops web, cloud and mobile delivery platform Visual WebGui.
Martin Duursma, vice-president of Citrix Labs, said: “Our strategic investment in Gizmox is aimed at advancing technology to better address emerging…
