Citrix Startup Accelerator Invests in Cloud Startup Company, AppEnsure

Citrix Startup Accelerator is a program of Citrix Systems (News - Alert), Inc. that centers on entrepreneur-led innovation and fosters entrepreneurship with support for early-stage startups to ensure high performance for enterprise applications in the cloud era, and has announced that it will invest in AppEnsure’s Applications Performance Ensurance platform for Enterprise Apps.

This platform was recently unveiled by the company and is now made available to the public.

This latest news comes less than a month after CumuLogic, a Platform-as-a- Service provider, secured investment from Citrix. It is another cloud startup platform that joined the Citrix Startup Accelerator program recently.

Like with CumuLogic, Citrix Startup Accelerator has invested in early stage startups like AppEnsure. In May this year, AppEnsure took part in the Citrix Synergy (News - Alert) Startup Challenge and was selected as one of the winners of the start-up competition. The company received a $100,000 investment from Citrix.

The judges of the competition liked what AppEnsure had to offer for IT Managers – a single, integrated view of all the applications and an infrastructure that could deliver performance insurance in the cloud and enable cost savings, all while maintaining business-critical application performance.

The judges voted for the company in part for its market potential of the AppEnsure technology as well.

The AppEnsure platform, which enables real-time app mobility for dynamic virtualized and cloud computing environments, ensures high performance for enterprise applications, and delivers cost benefits of utility computing – to support virtualization of resources not limited to specific networks, but made available via the cloud.

Citrix’s seed investment in cloud startup AppEnsure, Inc. will likely tap into the innovation of promising technology – one that is sure to offer generous incentives for investors who decide to take advantage of innovative startups that incorporate new technology for cloud, collaboration, networking and virtualization.

Becoming part of the Citrix Startup Accelerator program has companies like AppEnsure – which has cross-silo solutions for business applications and a performance management platform for enterprise apps in the cloud – come to market successfully. It can drive more enterprises into a fully virtualized IT infrastructure for the future, and possibly maximize capital growth over time.

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