Cloud computing company Gizmox Ltd. has raised $3.5 million at a company value of $26 million. Gizmox shareholder Maayan Ventures Ltd. (TASE:MAYN), which owns 30.4% of the company, announced that investment funds IVIC and CIG invested $2.5 million, and current shareholders, Maayan Ventures, Citrix Systems Inc. (Nasdaq: CTXS) and private investors, including Prof. Arie Scope, invested $1 million.
Gizmox CEO Navot Peled, Guy Peled, and Dan Lichtenfeld founded the company in 2007. The company's Visual WebGui solution converts applications to cloud environments. The company has raised $11 million to date.
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