Event Information:
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Wed24Sep2014
PowWow, Inc. Closes $2.5 Million in Series A Funding to Transform Enterprise Mobile Application Delivery
SAN FRANCISCO, CA--(Marketwired - Sep 24, 2014) - PowWow, Inc. today announced $2.5 million in Series A funding, further validating the company's commitment to driving enterprise mobility application delivery. Investors include OurCrowd, Vertical Venture Partners, IT-Farm, Julien Nguyen, Prabhu Goel and Kumar Malavalli. PowWow will use the financing for go-to-market activities and to expand its engineering teams.
The number of mobile devices deployed in the workplace has exploded. However, the software used to run most medium and large enterprises is still generally Windows-based. Delivering enterprise applications to mobile devices has traditionally been very expensive; software development is time consuming and costly and other approaches, like Desktop Virtualization, deliver a poor user experience. Available for the iPhone and iPad, PowWow offers the first solution to quickly move any Windows or web application to any mobile device in minutes, all while delivering that native mobile experience users are looking for.
"PowWow has the technology and team in place to deliver significant business value by mobilizing any Windows application in minutes. We provide an end-to-end solution so that medium and large enterprises can deploy, configure and transform their Windows applications for mobile devices. PowWow preserves an enterprise's investment in core technology without the need for a multi-year and multi-million dollar deployment," said Andrew Cohen, co-founder and CEO, PowWow, Inc. "This funding not only enables us to take PowWow to market, but it also allows us to expand operational capabilities to support our fast growing customer base."
Until PowWow, a solution hasn't existed that easily mobilizes Windows and web applications in a way that's true to the native mobile experience. Not only does PowWow transform the application's user experience, it identifies the type of mobile device being used and automatically adjusts that experience to match its natural look and feel -- as if custom built for the device being used.
With PowWow's real-time transformation engine, companies can quickly move hundreds or thousands of their existing Windows and web-based applications to mobile devices in a cost effective manner.
"PowWow exemplifies the type of company in which Vertical Venture Partners historically looks to invest in -- a business at the forefront of an exciting market, a uniquely engineered solution and an experienced team that keenly understands the strategic business needs of the market," said David Schwab, founder and managing partner, Vertical Venture Partners. "Today's workforce is powered through mobile computing and with every new product introduced, such as Apple's recent announcements, another level of significance is added to the zero-code delivery of Windows and web-apps to mobile devices."
About PowWow, Inc. Founded in 2012 by Andrew Cohen and Jonathan Kaplan, PowWow is an application delivery platform that frees a company's workforce, bringing all their enterprise apps to mobile devices. With PowWow, companies can move existing Windows or web applications to any mobile device in minutes, making them feel native, like they were written to deliver the one function or an essential workflow that employees need. Companies can keep the best of their existing IT solutions, giving users the freedom to use the applications and mobile devices of choice.
The PowWow management team comes from respected enterprise software companies, including IBM, Lotus, KANA, Sun and Booz Allen Hamilton. The company sells their services via direct and OEM relationships. You can find PowWow at www.powwowinc.net and follow us on Twitter at https://twitter.com/mypowwow.
Contact Information
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Media Contact Scott Lechner Kulesa Faul for PowWow, Inc. (530) 521-3095
(530) 521-3095 Email Contact
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