Rajesh Jain's Novatium Funded By NEA

Entities Mentioned

• New Enterprise Associates
• Rajesh Jain
• Newsweek
• TiE

1. Rajesh Jain founded thin client company Novatium Solutions has received an undisclosed amount of funding from venture capital firm New Enterprise Associates (NEA (NSDQ: ERTS)). Novatium is currently headquartered in and operating in Chennai, and the NEA investment will be used to help Novatium expand beyond Chennai. Krishna Kolluri, General Partner at NEA, and Ben Mathias, VP at NEA India, will join the board of Novatium. [via release]
   
   
   At the TiEcon 2006, Novatium CEO Alok Singh had mentioned that they want to change the way people use the PC; make it more of an appliance ... (Read Full Article)
   
   

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