NEA

Tintri, developer of a purpose-built storage system for virtual machines, last week announced Tintri VMstore, a storage system that allows enterprises to overcome costly problems associated with the scale or performance of virtual infrastructure.

Tintri also announced that it raised nearly $17 million in Series A and Series B venture funding led by NEA and Lightspeed Venture Partners.

Tintri’s co-founder and CEO is Dr. Kieran Harty, who earned his PhD at Stanford University and led all desktop and server research and product development at VMware from 1999 until 2006.

Tintri brought together an R&D team drawing on industry-leading experts from Citrix, EMC/Data Domain, Google, NetApp, Sun Microsystems, VMware and others to build “the world’s first” VM-aware storage system.

Tintri VMstore is already in production use helping enterprises manage and store virtual machines at a wide range of companies in global electronics, mobile games, geo-informatics, technology, higher education and more.

DeviceVM, maker of the Splashtop instant-on environment, announced today a $15 million Series C round of funding led by venture capital firm New Enterprise Associates. Existing investors including Storm Ventures, DFJ Dragon, Tim Draper, and Larry Augustin also participated in this Series C investment, demonstrating continued commitment to DeviceVM’s growth.

“Splashtop is a game-changing product in the personal computing space,” said NEA partner Peter Sonsini, who previously led NEA’s investment in XenSource (acquired by Citrix Systems), and was an executive at VMware prior to joining NEA. “We are excited to invest in a revolutionary product and a team like DeviceVM.”

Warren Lazarow and Paul Sieben of O’Melveny & Myers LLP represented DeviceVM in the transaction.

DeviceVM

Dr. Kieran Harty, Former Head of VMware R&D, Raises $17 Million For Tintri

SplashTop Maker DeviceVM Raises $15 Million in Series C Funding Round