Gizmox, a company that was, until now, headquartered in Israel, has raised a new $7.5 million round, led by Atlas Venture. Gizmox is focused on helping enterprises shift to cloud-based HTML5 apps. The round was joined by existing investors Citrix, IVC, Consolidated Investment Group, and others.
The company has also named Abine co-founder Eugene Kuznetsov as CEO.
“There is an enormous platform shift of mission-critical business applications from traditional Microsoft client-server to mobile, web and HTML5,” said Atlas’s Jeff Fagnan via a release . “While this is well understood and underway for horizontal or consumer applications, the problem for complex business applications is still largely unsolved. Gizmox has a unique solution informed by years of technology development and many successful customer deployments, to facilitate this shift.”
Fagnan and Atlas’s Chris Lynch will both join the company’s board.
The new funding brings Gizmox’s total raised to $18 million, and the new funding will be used to open the company’s new Boston headquarters. Kuznetsov is currently working out of the Atlas office, but plans to hire 10 to 15 employees in Boston.