Neverware Scores $1M to Help Schools Reuse Old Computers

NEVERWARE: $1 million to NYC-based Neverware from Thrive Capital, Khosla Ventures, General Catalyst, Collaborative Fund and others, reports TechCrunch. (It had previously raised a $600K seed round.) Since March 2011, Neverware has been providing NYC schools with a desktop virtualization service, powered by a server called the Juicebox 100, that transforms barely functioning computers to high-performing machines. Engadget reported back then that one Juicebox could deliver Windows 7 to a hundred computers, as long as they have a 500 MHz processor and 128 MB of memory. (It's also worth checking out this in-depth coverage from The Verge.) Founder Jonathan Hefter shared with us in March that he hopes to offer the annual service to schools for around $12K to $15K. To old clunkers sitting unused in the closet, we say, nevermore!