Xandros, Inc.
Presto
- Conference
- DEMO 09
- Market Segment
- Consumer Software and Services
- Funding Amount
- $14,000,000
- Funding Round
- Series A
- Funding Details
- The company has received funding of about $7M through private placements (investment bank-led); approximately $14M through an institutional Series A Preferred Stock round; significant additional strategic funding; and funding operations through significant revenues and revenue acceleration.
- Competitors
- DeviceVM, Phoenix Technologies. Secondary competitors include QNX, gOS and ASRock.
- Product Description
- Presto enables computers to boot in seconds. Users can then browse the Web, chat using instant messaging, make Skype calls and do many other useful things without waiting for Microsoft Windows to start. Presto is available as a customizable solution for OEMs and as an inexpensive retail product compatible with most Windows XP and Vista laptops.
- Market Opportunity
- iSuppli predicts notebook shipments to grow and exceed 38.6 million units in 2009. Gartner predicts netbook shipments to reach 50 million units by 2012. Competitive pressure on manufacturers to improve the netbook and low-end notebook user experience, while cutting hardware costs, favors software-only solutions not offered by Microsoft Windows.
- DEMO Says
- Xandros has quietly taken its place as a leading provider of Linux technology; the company's technology is built into a range of laptops, netbooks and commerce offerings. Now, the company is getting the attention it richly deserves with this new offering that gives laptop computers the elegance and speed of a netbook while retaining the capabilities and applications of a full-function system. The Xandros Presto environment boosts productivity without sacrificing flexibility.
- Contact
- Jordan Smith
- jordan.smith@xandros.com
- Company Address
-
149 Madison Avenue
New York, NY 10016 - Primary Phone
- 613-842-3494
- Primary Fax
- 613-842-3499
- URL
- www.xandros.com
- Officer One
- Andreas Typaldos - CEO
- Officer Two
- Wm. Jay Roseman - Founder & VP, Investor Relations
- Officer Three
- Ming Poon - COO & Senior VP, Product Development
- Officer Four
- Larry Kettler - VP, Business Development