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Workspot - About the company

Workspot is a series D company based in Menlo Park (United States), founded in 2012 by Puneet Chawla, Amitabh Sinha and Ty Wang. It operates as a Cloud-based desktop virtualization platform. Workspot has raised $75.9M in funding from investors like Helion Venture Partners, Redpoint Ventures and Norwest Venture Partners. The company has 145 active competitors, including 25 funded and 23 that have exited. Its top competitors include companies like Evolve IP, Parallels and Dizzion.

Company Details

Cloud-based desktop virtualization platform. It is a SaaS solution that allows companies to deliver email, business applications, and data onto mobile devices. It provides users with streamlined access to all the work apps. The VDI supports hybrid cloud environments. It caters its solution to industries such as legal, healthcare, retail, and more.
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Key Metrics
Founded Year
2012
Location
Menlo Park, United States
Stage
Series D
Total Funding
$75.9M in 11 rounds
Latest Funding Round
Ranked
Employee Count
64 as on Dec 31, 2022
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Workspot's funding and investors

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Workspot has raised a total funding of $75.9M over 11 rounds. Its first funding round was on Aug 14, 2012.

Workspot has 17 institutional investors including Helion Venture Partners, Redpoint Ventures and Norwest Venture Partners. Peter Wagner and 1 other are Angel Investors in Workspot.

Here is the list of recent funding rounds of Workspot:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Sep 24, 2019
$19M
Series D
1250626
9740000
-
Apr 05, 2019
$13.6M
Series C
5997690
4598767
-
Jun 28, 2018
$5M
Series C
6437849
5770280
-
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Workspot's founders and board of directors

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The founders of Workspot are Puneet Chawla, Amitabh Sinha and Ty Wang. Puneet Chawla has founded 1 more company - o1works.com.

Workspot's employee count trend

Workspot has 64 employees as of Dec 22. The total employee count is 7.0% more than what it was in Dec 21. Here is Workspot's employee count trend over the years:
Employee count trend for Workspot
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Workspot's Competitors and alternates

Top competitors of Workspot include Evolve IP, Parallels and Dizzion. Here is the list of Top 10 competitors of Workspot, ranked by Tracxn score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Evolve IP
Evolve IP
2006, Wayne (United States), Public
Cloud based platform for unified communication
$209M
70/100
2nd
Logo for Parallels
Parallels
1999, Seattle (United States), Acquired
Cloud based Daas platform
-
66/100
3rd
Logo for Workspot
Workspot
2012, Menlo Park (United States), Series D
Cloud-based desktop virtualization platform
$75.9M
64/100
4th
Logo for Dizzion
Dizzion
2011, Denver (United States), Series A
Cloud-based desktop virtualization management solution provider
$14.9M
58/100
5th
Logo for Teradici
Teradici
2004, Burnaby (Canada), Acquired
Offers PCoIP and remote desktop solutions
$44.8M
56/100
6th
Logo for Anunta
Anunta
2012, Mumbai (India), Series A
Provider of digital workspace solutions
$5.45M
56/100
7th
Logo for CloudShare
CloudShare
2007, San Francisco (United States), Series C
IT company developing virtual training sand proof of concepts software for companies
$26M
52/100
8th
Logo for Liquidware Labs
Liquidware Labs
2009, Atlanta (United States), Series A
Desktop virtualisation and management solutions
$3.83M
51/100
9th
Logo for RES
RES
1999, Radnor (United States), Acquired
Platform for managing digital workplaces
$38.7M
51/100
10th
Logo for Nerdio
Nerdio
2005, Skokie (United States), Series C
Nerdio is a software solution provider that empowers Managed Service Providers (MSPs) and enterprise IT professionals to deploy, manage, and optimize virtual desktops in Microsoft Azure, leveraging its automated management and cost-optimization capabilities.
$627M
51/100
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Workspot's Investments and acquisitions

Workspot has made no investments or acquisitions yet.

Reports related to Workspot

Here is the latest report on Workspot's sector:

News related to Workspot

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Media has covered Workspot for 1 event in last 1 year, It was about partnerships.
Workspot Trends ReleasedAPMdigestAug 18, 2023Workspot
Workspot Watch ReleasedAPMdigestApr 05, 2023Workspot
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