Posted on Wednesday 12 June 2013 by Ulster Business

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Tech company WorldDesk has closed a $1.25m follow on seed funding round with its existing investors in the US and Northern Ireland.

The financial terms of the deal were not disclosed but the deal saw Belfast-based Lough Shore Investments join with angel investors in New York and California to provide funding needed to push the company forward.

Based in Belfast and Silicon Valley, WorldDesk is a start-up in the desktop virtulization space. Its patented technology allows the free movement of apps, files and profile between devices, letting you take your world with you.

As part of the announcement, the company also announced it was launching a new version of its consumer offering WorldDesk for You.

WorldDesk for You allows users to access their personalised desktop - including all their files, settings and significantly, their applications – on any machine. Users can store and carry this desktop around on any device, from a simple USB drive to a smartphone or iPod. The platform also enables desktop delivery and storage via the Cloud following collaborations with Box and Dropbox.

The new release includes a new user interface, improved performance and support for a host of new applications, including Chrome, Skype and Kindle.

Stevie Morrow, WorldDesk CEO said: "We're delighted with today's announcement; on the product side, we wanted this latest release to look and perform better, and that is exactly what we achieved. The additional fundraising is also significant in that it will allow us to meaningfully increase our footprint, both in terms of our engineering and sales capacity, in Europe and Asia-Pacific. Crucially though, we take great heart from our ability to raise further funding from our existing investors, it's an endorsement of our strategy to date and we look forward to continuing to deliver for those who have shown an incredible belief in the WorldDesk vision."

Danny Moore, principal of Lough Shore Investments, said it was delighted to continue its support of WorldDesk: "It's a start-up we've been working with for a number of years now and this further funding is indicative of a company that is beginning to see some very real traction and success.

"It's also indicative of the wider industry and the ever-changing landscape WorldDesk is operating within. Cloud technology has rapidly come of age and organisations of all shapes and sizes, from small-to-medium sized enterprises and educational institutes to multinational corporations, are attempting to figure out how best to leverage the technology," he added.


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