Thursday, May 1, 2008

WorkLight Inc., an Enterprise 2.0 company has closed a series B round of funding totaling $12 million

What Company Is Offering:

WorkLight Inc. develops and markets a line of server products that consumerize the corporate computing experience by making popular consumer services like iGoogle, MS Live, Netvibes, and Facebook "enterprise-ready." Through WorkLight, employees and consumers connect to protected enterprise data (and to each other) using Web 2.0 services.

How Much They Got From VCs:

WorkLight Inc., an Enterprise 2.0 company, today announced that it has closed a series B round of funding totaling $12 million led by Pitango Venture Capital, Israel's largest VC. The company's second round of financing also represents a renewed commitment from Genesis Partners, Index Ventures and Shlomo Kramer, a world renowned security expert and Imperva CEO.

Proceeds from WorkLight's series B round funding will be used to further expand its presence in North America, Europe and Asia, substantiating the company's vision for the consumerized workplace. As the world of the consumer blurs with that of workplace, corporations worldwide increasingly rely on popular internet tools, such as personalized homepages (iGoogle, Netvibes, etc.), social networks (like Facebook), desktop widgets and gadgets, social bookmarking, RSS and other Web 2.0 platforms and services, to get things done at work. Since its inception in 2006, WorkLight has pioneered the secure use of consumer technologies as business tools, enhancing employee productivity and fostering collaboration inside and outside the organization.


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