Numecent, an Irvine, Calif.-based stealth startup developing innovative “cloudpaging” technology, has received the first $2m tranche in a $10M Series A funding round from undisclosed corporate investors.
Although the company is not yet revealing the details, Numecent has been developing a patented “push-pull” paging technology which allows software instructions and data to be demand-paged from the Cloud – all in real-time. According to a written statement, Cloudpaging will allow any software, app, game and non-linear content to be delivered to any connected device on-demand and in a secure, metered and virtualized fashion.
The company inntends to use the Series A capital to launch its cloudpaging technology. Numecent, which holds the foundational patents (10 granted) in application streaming and virtualization through its subsidiary company, Endeavors Technologies, is expected to come out of stealth in March 2012.
In addition, Osman Kent, a technology veteran and a serial entrepreneur and co-founder and CEO of 3Dlabs, has joined the company as CEO.