DeviceVM, a San Jose, CA-based software company, received a $10m strategic financing.
The round was led by SAP Ventures, a division of SAP AG, with participation from existing investors Storm Ventures, DFJ Dragon, and New Enterprise Associates (NEA).
The additional funding will be used to accelerate the growth of DeviceVM’s Splashtop™, further into the enterprise mobile market. Splashtop enables users to search and surf the Web, access e-mail, and chat in a few seconds without the need to boot-up Windows. This instant-on platform addresses the needs of employees working “on the road”.
It is currently available across 400 models of netbooks, notebooks, motherboards, and desktops from leading manufacturers including Acer, ASUS, Dell, HP, Lenovo, LG and Sony.
Founded in 2006, DeviceVM operates offices in Beijing, Hangzhou, Shanghai, and Taipei.