NComputing

Founding

In 2003, Young Song, a former VP at eMachines, met German entrepreneur Klaus Maier (formerly CEO of hydrapark), who had spent more than ten years developing the core software on which NComputing is based. They formed a team to develop the complementary hardware in Korea, while the software was written in Poland and Russia. After they successfully launched the product and reached $10 million revenue in two years, the two founders decided to move its headquarters to Silicon Valley. Stephen Dukker, former chairman of eMachines, joined NComputing in August 2006, to lead the company together.

Financing

Dukker introduced NComputing to venture capitalists and technology journalists in September 2006 at DEMOfall 06. By October 2006, NComputing had raised $8 million from Scale Venture Partners (formerly known as BA Venture Partners). In January 2008, the company raised a $28 million series B round of financing, led by Silicon Valley venture capital firm Menlo Ventures with participation from Scale Venture Partners and South Korea's Daehong Technew Corp. In April 2012, the company raised a $21.8 million series C round of financing led by Questmark Partners with participation from existing investors. In 2017, original NComputing Co., Ltd, a Korean corporation, became the ultimate holding company for all other subsidiaries and had raised $6 million from MDI VC (Telkom Indonesia VC in Jakarta), Pinnacle Ventures (Menlo Park, United States), and Bokwang Ventrues (Seoul, Korea) for accelerating South Asia region's growth and boost enterprise VDI software products.

Current growth

The company was founded in 2003. Current global usage is 20 million daily users in 140 countries. Typical customer profile includes 70,000 education and business organizations including 5,000 school districts in the United States. NComputing has shipped more than three million units overall, including 180,000 seats to provide one computing seat for every K–12 student in the country of North Macedonia. As of 2017, the company has 100 employees worldwide.

According to several survey metrics, Ncomputing is positioned as one of the top five major players in the enterprise thin client market - next to Dell, Hewlett-Packard, Lenovo, and IGEL.