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| WorkLight Secures $12 Million in Series B Round Financing WorkLight, an Enterprise 2.0 company, 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. WorkLight was founded in 2006 by CEO Shahar Kaminitz and CTO Yuval Tarsi with an initial round of funding from Genesis Partners, Index Ventures and Shlomo Kramer totaling $5.1 million. The company's flagship solution is a server-based software product that allows companies to leverage consumer tools such as RSS, iGoogle and Facebook behind the corporate firewall, working with internal IT controls for completely secure use by enterprise employees. Most recently the company announced Workbook, a secure Facebook overlay that enables collaboration, access to enterprise applications and knowledge sharing using the popular social networking application. write your comments about the article :: © 2008 Computing News :: home page |