By Matt Marshall 10.11.07
Splashtop is a newly released technology that lets you browse the Internet within 20 seconds of pushing a PC’s start button. It has just gotten $10 million in venture capital to help it get to market.
See video below about how it works (RSS readers will have to visit site).
The technology is owned by DeviceVM, a San Jose, Calif. company. It works by offering you features without fully booting the computer. See full announcement here.
The company hopes to have the technology integrated in PCs and other products before they’re shipped. ASUS, the largest manufacturer of motherboards, will include DeviceVM on its new $360 ASUS P5E3 Deluxe model. It will brand the Linux desktop feature “Express Gate.”
The lead investor for this round is DFJ Dragon, the Chinese affiliate of Silicon Valley’s Draper Fisher Jurvetson. Other investors include Sumitomo’s venture arm, Presidio, HTC founders Cher Wang and Chen Wen Chi, and WR Hambrecht Ventures.
The funding follows quickly on the heels of a $10.5 million investment in August, led by Storm Ventures, and including DFJ Dragon, ASUS, iDInnovations (Acer), Harbinger (Mitac-Synnex), and angels.
DeviceVM falls into the hot category of “virtualization” (we first mentioned the company here). It was founded last year, and also has offices in China and Taiwan.