DisplayLink Raises $8M

DisplayLink, a Palo Alto, Calif.-based provider of networked display technology for multi-monitor and USB-connected computing, closed an $8m in its fourth round of funding.

The company did not disclose the investors but said it has an option for an additional $6m if needed.

To date, DisplayLink has raised $68m from investors such as Atlas Venture, Balderton Capital, DAG Ventures, DFJ Esprit and WTI.

The company plans to use the funds to expand its PC peripherals business, particularly in zero-client computing, whose growth has been accelerated by the recent introduction of Windows Multipoint Server 2011.

DisplayLink develops hardware and software solutions designed to enable easy connectivity between computers and displays over standard interfaces such as USB, Ethernet and wireless networks used by globally branded PC accessories including monitors, universal docking stations, display adapters, projectors, and zero client systems.



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