Graphite Software, a Ottawa, Canada- and Beijing, China-based based mobile virtualization provider, completed an $8m Series B round of funding.
The round was led by investors from the Beijing-based Zhongguancun Private Equity & Venture Capital Association (ZVCA) with participation from Toronto-based strategic investor Green Century Investment and Series A lead investor Celtic House Venture Partners.
The company intends to use the funds to expand the team in both Ottawa and Beijing and accelerate the deployment of its virtual phone technology by Android mobile device OEMs worldwide.
Led by Alec Main, CEO, Graphite Software About Graphite Software provides Secure Spaces, an Android virtualization platform that enables multiple virtual devices or “Spaces” to co-exist on a single device – such as a Personal Space, a Kids Space, a Work Space and a Secure Banking Space. According to a note, the company expects Secure Spaces will be deployed to over 100 million devices by the end of 2016.