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Userful Scores $1 Million Investment

Posted by Rob Lewis on Tue, August 19, 2008 5:13 PM · Filed under Calgary, Edmonton , Venture Capital · No Comments

Calgary-based Userful Corporation has helped its customers cut global CO2 emissions by more than 29,000 tonnes over the last 12 months - the environmental equivalent of taking 5,000 cars off the road. Now thanks to a $1 Million investment from AVAC Ltd., Userful is preparing to ramp-up sales of it's ecologically-friendly software.

Userful is a web-service that lets users multiply and manage their desktop computers. They can multiply their hardware investment, creating up to 10 independent workstations from a single computer by attaching multiple monitors, mice and keyboards. This reduces demand for electricity and cuts hardware waste by up to 80%.

Userful also enables users to manage and monitor their desktops through a central administrative web site, which generates significant savings in administration. Userful replaces expensive administrative tools, licenses, and IT staff enabling non-experts to easily manage and control their desktops from a simple web-browser.

AVAC's repayble investment will help Userful take advantage of the global opportunities their technology presents and should help attract third-party risk capital. AVAC helps Alberta-based companies build capacity and attract commercial investment to advance ideas and products in agri-business, ICT, life sciences and other industrial technology sectors.

 
Company:
Userful Corporation
Website:
http://www.userful.com
Location:
Calgary, Alberta, Canada

Userful lets anyone provide secure managed desktop computers at a fraction of traditional costs. Our software lets you multiply and manage your... [more]

 

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