AAA Citrix accelerator secures second exit

Citrix accelerator secures second exit

Drumbi has become the second company to exit the Citrix Startup Accelerator, after it raised $2m.

Drumbi raising its series A round, follows mobile application management software company Nukona’s selling to anti-virus company Symantec last month. Citrix’s Startup Accelerator invested an undisclosed sum in Drumbi in August last year.

John McIntyre, managing director of the Citrix Startup Accelerator, said: "When we launched our open innovation initiative last year, we invested in companies that would stretch the technology landscape. Having the first two companies coming out successfully is a fantastic result."

Drumbi also lists software maker Quest Software and venture firm 500 Startups as its backers.

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