Dizzion is a leading provider of high-performance managed Desktop-as-a-Service (DaaS) for global remote workforces. Its End User Cloud platform has supported hundreds of customers and tens of thousands of end users and offers AnyCloud global delivery in 26 countries on six continents. Product capabilities include zLink secure endpoints, COSMOS orchestration and analytics, and compliance with HIPAA, PCI-DSS and SOC 2 Type II to serve BPOs, enterprise contact centers, healthcare, financial services, and insurance. The company says the investment will be used to expand its team, enhance its EUC platform and alliance partnerships, grow AnyCloud delivery, and explore acquisition opportunities. The partnership with LLR Partners is intended to provide resources for continued hyper growth and global expansion. Dizzion was founded in 2011 and emphasizes secure, compliant remote-work deployments. Dizzion is a Denver, CO-based desktop-as-a-service company that provides a cloud computing platform enabling secure access to documents and applications from anywhere on any device. Its solution combines secure endpoints, storage, application delivery and enterprise security capabilities. The company is led by CEO Steve Prather and is backed by Grotech Ventures and Access Venture Partners. Dizzion received a $4.25M credit facility from Square 1 Bank, a division of Pacific Western Bank. The company intends to use the funds for growth activities including workforce development, sales and marketing, and product advancements. The financing is structured as a credit facility to support those growth and product initiatives. Dizzion, founded in 2011 and based in Denver, provides cloud-delivered Desktops as a Service (DaaS) paired with secure endpoints, application delivery and storage to enable secure access to applications and data from any device. Led by CEO Steve Prather, the company targets enterprises facing cloud and global workforce trends such as third-party contracting and work-from-home programs. Dizzion serves companies around the globe, including customers such as AARP, Delta Dental, and TELUS International, and works through channel partners like ViaWest, Zayo, CarrierSales, SPS and Hosting. It focuses on industries with challenging workforce environments including business process outsourcing, healthcare, financial services and insurance. The company intends to use new funds to grow staff, expand its partner program and further refine its virtual desktop technologies. A recent board addition is retired ViaWest Chairman and CEO Roy Dimoff. Dizzion is a Denver, Colorado-based provider of cloud-delivered virtual desktop environments and Desktop-as-a-Service (DaaS). Led by CEO Steve Prather, the company offers a proprietary managed desktop service built on enterprise technology covering infrastructure, software licensing, management, support and security. Its platform enables employees to securely access applications and data from any device, anytime, anywhere. Dizzion serves more than 40 companies globally and works with nineteen reseller partners that bundle its technology into outsourced IT solutions; named customers include TELUS International, Delta Dental and Red Robin Restaurants. The company raised $3.9m in Series A funding and intends to use the proceeds to expand its presence in the end user computing market, including virtual desktops and DaaS. The funding is aimed at supporting growth of its managed desktop offering and scaling go-to-market via direct and reseller channels.

Total raised

$15M

Funding rounds

4

Latest round

Debt Financing

Latest activity

Apr 2017