Workspot
1999 S. Bascom Ave, Suite 1000, Campbell, CA, 95008, United States
Overview
Workspot offers an Azure-native, turnkey cloud desktop fabric that delivers Windows 10 desktops and GPU workstations at the edge of the cloud region nearest users. Its SaaS solution features flat per-user pricing, rapid provisioning (desktops can be provisioned in five minutes via ITSM integration), and global scalability across cloud regions. The product targets enterprises moving away from on-premises VDI by offering customizability, simplified management and on-demand scale. Workspot reported more than 300% cloud business growth in the past year (318% stated) and a net revenue retention rate of 171%. To support continued expansion, the company is increasing investments in worldwide sales, marketing, research & development, and customer success. The company cites customer wins across use cases including faster drone-data processing, improved disaster recovery, and real-time collaboration for multi-company projects. Workspot provides virtual desktop infrastructure that delivers apps, desktops and data to mobile devices, Macs and PCs. Led by CEO Amitabh Sinha and based in Cupertino, California, the company serves enterprises across government, healthcare and education verticals. It connects users to apps and data while leveraging existing investments in the datacenter and without migrating data to the cloud. Workspot has announced partnerships with hyper-converged infrastructure vendors including Nutanix, Hewlett Packard Enterprise, Scale Computing and Atlantis Computing. The company raised $6.2m in a Series B and intends to use the funds to continue to expand operations. Workspot builds a virtual desktop platform that lets employees open a client or app, enter a PIN, and access a full desktop with business apps, files and a VPN. The platform supports PCs, mobile devices and recently added Mac support to accommodate organizations and executives using Apple products. Workspot differentiates by allowing clients to run its platform without installing new servers or moving apps and data into third‑party clouds, which the company says avoids security and complexity issues associated with services like Amazon WorkSpaces. The company plans to use new funding to improve its technology, expand an enterprise sales team targeting Global 2000 companies and add more users at existing mid‑sized and Fortune 500 clients. Workspot is Cupertino‑based and raised $5 million in new funding led by Helion Ventures, with participation from Translink Capital and Qualcomm Ventures. Co-founder and CEO Amitabh Sinha emphasized that IT does not need to move business apps or data to use Workspot's solution. Workspot provides a Workspace-as-a-Service solution that lets firms deliver core business apps and data on personal mobile devices. It offers Workspot Control, a cloud-based management solution for IT administrators, and a mobile Workspot app for Android and iOS end users. The unified workspace allows end users to access data and apps behind a firewall from any mobile device. Founded in 2012 and launched in April 2013, the company is based in Cupertino, California. Workspot says it will use the Series A proceeds to scale operations. Prior to this round, the company had raised a $3.3M seed round. Workspot offers a consumer app (available through the iOS App Store) that enables employees to access corporate applications behind company firewalls on their personal devices. The app requires a one-time authentication with the employer's network security appliance and supports four leading VPN providers, including Cisco and Juniper, which the article says cover about 80% of the market. Employers can add apps for employees via a control dashboard in a matter of minutes, while end-users receive the product for free. Workspot monetizes through two paid employer services: Insights (analytics into software usage) and Events (visibility for compliance and auditing), with pricing ranging from $150 per month for 0–25 users to $4 per user per month for companies with more than 250 employees. The company has raised $1.9 million from Kleiner Perkins, Norwest Venture Partners, Redpoint and others and has 11 employees. Leadership includes CEO Amitabh Sinha (formerly at Citrix), CTO Puneet Chawla (formerly at VMware and an EIR at Redpoint) and co-founder Ty Wang (formerly at Twilio and Oracle), and the team is positioning the product to simplify bring-your-own-device adoption. Workspot debuted at TechCrunch Disrupt in New York.
- Total raised
- $39M
- Funding rounds
- 5
- Latest round
- Series D
- Latest activity
- Sep 2019
Industries
- Cloud Computing
- Information Technology
- SaaS
- Software
- Virtual Desktop
Recent funding
Series D
Sep 2019
$19M
Series B
Oct 2016
$6M
Equity
Jul 2015
$5M
Series A
Jul 2014
$7M
Equity
Apr 2013
$2M