Frame, the cloud platform that lets users run any software in a browser, announced today that it has secured $10 million from Columbus Nova Technology Partners (CNTP), Bain Capital Ventures, and SQN Venture Partners to support Frame’s rapid growth.
Funds to Drive Growth Engine
The additional funds in this latest round of investment will be used to expand Frame’s industry-changing technology and allow it to continue to grow, both at the management, sales and engineering levels.
Frame, formerly known as MainFrame 2, pioneered the delivery of graphic apps from the cloud directly into any browser with no plugins required. Its cloud platform has been in use for more than a year by leading software vendors, including Adobe Systems and Siemens PLM. The company will use the funds to expand the service and make it possible for anyone to install and run their own applications in the cloud.
End-User Public Beta Goes Live
The end-user oriented platform allows anyone to run their own applications in the cloud. It will go into public beta on five continents on 8 July 2015 with plans starting at under $10.USD per month.
“Frame’s potential to change the landscape of end-user computing is immense,” said Mr. Moazami, who is CNTP Managing Director and newly named to Frame’s Board of Directors. “Our investment will help the company continue to grow towards its goal of fundamentally transforming the way applications are managed and delivered from the cloud.”
“In 2012, we set out to change the way people think about personal computing,” said Dr. Nikola Bozinovic, founder and CEO of Frame. “Today we are taking a significant step towards realizing that goal by letting anyone with an Internet connection access his own cloud computer. We are thrilled to have the strategic support from our investors to help us in our mission.”
I have been talking to Dr. Nikola Bozinovic for a few months now, as Frame is a transformative technology. The Frame team have been making big progress on three fronts: Frame Personal, Frame Business and Frame Platform. If you visit their Frame Platform description web page, you can see they have been working with the likes of Adobe, Siemens and Nemetschek. These are big name software players. Nikola could not tell me what these companies are doing and planning with Frame Platform, but what Frame Platform does is bring Windows applications to customers through the cloud, in an end-to-end solution that is simple for the end software user and for the ISV (independent software developer).
Frame’s big potential to the CAD and DCC market is that products that have been Windows based and look to never come to the Mac (Solidworks….?) may find their way onto both Macs and Chromebooks with relative ease, using Frame. An all Mac architecture firm could use Frame Business to establish a set of Windows-based tools (e.g.: Revit, Inventor, Microstation, 3ds max, etc) up in the cloud that its staff access at will when needed via a modern Browser, running on any Mac, from a MacAir laptop to the powerful Mac Pro.
Frame’s technology works to bring Windows apps to the cloud but the fundamental technology could bring other operating systems’ apps as well. For now, the company is focused on bringing Windows apps into the cloud.