Citrix Systems offers Indian Tech Start-Ups to get Seed Funding

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Bangalore: U.S. based technology firm, Citrix Systems, provides an opportunity for Indian Entrepreneurs to compete for up to 1.75 crore from Citrix Startup Accelerator, their global seed investment initiative, reports VC Circle. They will focus on investing in early-stage organizations, which have the potential to facilitate new capabilities in virtualisaton, desktop, and application delivery, mobile devices, security, authentication, cloud, storage and program services. Citrix System figures out that each year up to 12 companies from across the sphere can join the inventiveness for a limit period of 18 months. Participating companies will be assessed out of five record centers worldwide including India, Australia (Sydney), U.K. (Cambridge) and the U.S. (Boston and Silicon Valley). The start-ups will have the preference to be housed at the Citrix Startup Accelerator facilities in Santa Clara.