Open Kernel Labs raises $7.6 million in venture funding

LONDON — Open Kernel Labs has completed a round of funding including investments from venture capital firms Chrysalis Ventures and Neo Technology Ventures and from Citrix Systems Inc.

OK Labs (Chicago, IL) will use the $7.6million investment to fund global expansion of its research and development and business channels, establishing further regional support throughout Asia, Europe and the Americas. The company’s OKL4 embedded hypervisor is deployed in 250 million handsets and other mobile/embedded devices.

For more on this story see Embedded-europe.com.