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DeviceVM Closes Series C Round Of $15 Million

Thursday, August 21, 2008 6:02:00 AM PDT | VentureDeal Staff

San Jose, California --  Software company DeviceVM announced that it has raised $15 million in its third institutional venture capital funding round.

DeviceVM develops "rapid start computing technologies to enable faster and more efficient computing."  The company partners with OEMs and consumer electronics companies to integrate its technology into computers.

New Enterprise Associates led the round, which included Storm Ventures and DFJ Dragon Fund.  The company did not disclose how it would use the funding proceeds.

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