# Dizzion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dizzion

- Industry: IT Infrastructure
- Headquarters: Denver, US
- Website: www.dizzion.com
- Total disclosed funding: $10M
- Latest round: Series A (Sep 7, 2016)
- Investors on record: 5

## About

Dizzion, Inc. is a leading provider of Desktop as a Service (DaaS), offering virtual applications and desktops that enable seamless remote access for users globally.Founded in 2011 and headquartered in Denver, US, Dizzion, Inc. provides virtual desktop solutions to enhance remote work. The company has successfully closed 7 deals, with its most recent funding round being VENTURE DEBT amounting to USD 0.40 mn on January 5, 2021, raising a total of USD 2.70 mn. The company is led by CEO Steve Prather.Dizzion specializes in Desktop as a Service (DaaS), delivering virtual apps and desktops that empower users to operate seamlessly from any location using just a web browser. The platform provides a cloud-native infrastructure that includes comprehensive managed services, secure cloud hosting, and compliant virtual desktops, catering to organizations seeking to enhance their workspace experiences without the complexities typically associated with IT management. Key offerings encompass three service models: Flex, for organizations that prefer a do-it-yourself approach to managing virtual desktops on their chosen public or private cloud; Managed, where Dizzion's experts handle the management complexities; and Complete, which allows clients to offload both management and infrastructure needs entirely onto Dizzion's secure cloud. Targeted industries include regulated sectors such as finance, healthcare, and education, with clients ranging from small businesses to large enterprises across North America and Europe, ensuring a broad spectrum of end users can benefit from enhanced remote work capabilities.Dizzion's revenue model is primarily based on subscription services related to its DaaS offerings, where clients choose from various tiered plans that match their operational needs. Transactions between Dizzion and its customers typically involve recurring fees associated with the selected service model, such as Flex, Managed, or Complete. Each service plan is designed to cater to different levels of management preference, allowing for flexible pricing structures based on the extent of services utilized. For instance, the Managed service includes dedicated support for configuration updates and optimization, while the Complete service encompasses end-to-end management of resources on Dizzion's infrastructure. This structured approach not only simplifies the deployment of virtual workspaces for clients but also fosters long-term partnerships as organizations scale their operations and adapt to evolving business requirements.Dizzion, Inc. plans to leverage its recent funding from January 2021 to further enhance its service offerings and expand its presence in global markets. The company is focusing on developing new products that will be integrated into its DaaS platform, with anticipated launches in the upcoming year. Additionally, Dizzion aims to enter new geographic regions, specifically targeting European markets for expansion by the end of 2022. This growth strategy is designed to capitalize on the increasing demand for remote work solutions and to solidify Dizzion's position within the industry.

## Funding rounds

- Series A, Sep 7, 2016, $6.4M — Grotech Ventures, Access Venture Partners, Correlation Ventures, Point B Capital
- Series A, Jan 27, 2015, $3.9M — Grotech Ventures, Access Venture Partners, Correlation Ventures, Point B Capital, Service Provider Capital

## Investors

- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- Access Venture Partners (https://capitalatlas.ai/funds/access-venture-partners) — Series A
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Series A
- Point B Capital (https://capitalatlas.ai/funds/point-b-capital) — Series A
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Series A