Deal Announcements

Leostream Garners $2 Million Venture Capital Financing

Wednesday, November 25, 2009 5:51:00 AM PDT | VentureDeal Staff

Waltham, Massachusetts  --  IT company Leostream Corp. has secured $2 million in new venture capital funding.

Leostream has developed what it calls a "Connection Broker" that dynamically assigns computer users to terminal services or hosted desktops.

Meakem Becker Venture Capital made the investment.  The company said it hopes that the funding will get it to cash flow breakeven.

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