Wednesday, September 12, 2012

Citrix invests in platform-as-a-service company CumuLogic

Citrix Systems has invested in PaaS (platform-as-a-service) startup CumuLogic, as it sees enterprises embrace new types of applications specifically designed to run in the cloud, the company said on Tuesday. The investment was made by Citrix's Startup Accelerator, which invests in early-stage startups. Citrix did not divulge the amount of the investment.

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