DeviceVM, a company that allows you to use your computer while it's booting up, has raised another $15 million in funding.
The San Jose, Calif. company's software is called Splashtop, and it comes preinstalled on PCs and motherboards. When those PCs are turned on, or when users hit a special key, they can use Splashtop within a few seconds to check their email, chat with friends, get on the Internet and more. (See screenshot below.) Although it's kind of sad that computer boot times are slow enough to make this product useful, it's cool that you don't have to just twiddle your thumbs as you wait for your computer to start.
In addition to snagging some positive press and awards, DeviceVM has also landed some high-profile investors. This new round was led by New Enterprise Associates, with participation from existing investors Storm Ventures, DFJ Dragon, Tim Draper and Larry Augustin (the last two are high-profile individual investors). Earlier this year, DeviceVM raised $1 million from Merus Capital, the firm created by former managers and executives from Google and Microsoft. The company has now raised a total of around $36 million.
DeviceVM says Splashtop has already shipped on millions of ASUS computers, while HP will be including the software in some of its notebooks soon.
