AAA Microsoft gets in Frame for $16m round

Microsoft gets in Frame for $16m round

US-based cloud workspace platform Frame has raised $16m in a funding round featuring Microsoft Ventures, the corporate venturing arm of software producer Microsoft.

In-Q-Tel, the venture capital vehicle for the US intelligence community, also participated along with Bain Capital Ventures and Columbus Nova Technology.

Established in 2012 as Mainframe2, Frame lets users set up virtual applications and desktops through platforms such as Microsoft Azure and Amazon Web Services.

The technology enables the virtual environments to be connected to other cloud-based products, such as storage, providing a fully functional workspace.

The capital will go towards accelerated market adoption of Frame’s offering, and Salil Deshpande, managing director at Bain Capital Ventures, will join its board of directors. Frame has secured $32m in total funding, according to its latest press release.

The company previously closed a $10m series A round in 2015 that featured Columbus Nova, Bain Capital and SQN Venture Partners, after Columbus Nova had led a $2.2m seed round in 2014 with participation from assorted angel investors.

– The original version of this article appeared on our sister site, Global Government Venturing

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