MokaFive this morning announced that it has raised a $21 million Series C round led by NGEN Partners, with existing investors Khosla Ventures and Highland Capital Partners participating.
This round totals more than the two previous rounds combined – the total of capital raised by the company is now $41 million.
The company’s flagship product, MokaFive Suite, allows IT departments to exercise management control over the deliverance of secure virtual computing environments, to any hardware platform (be it Mac or PC). Unlike server hosted virtual desktop solutions, such as VDI, MokaFive executes locally on computing end points.
MokaFive is led by President and CEO Dale Fuller, a high-profile executive and angel investor who has previously served as interim President and CEO of McAfee, President and CEO of Borland Software Corporation, and GM/VP of the Powerbook Division of Apple Computer and of the NEC Portable Computer Division of Motorola.
The company also boasts quite an impressive list of board members, including people like Sun Microsystems co-founder Vinod Khosla, Stanford University professor in Computer Science Monica Lam and former Executive Vice President and Chief Technology Officer of AOL Time Warner Bill Raduchel.
