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'''Neverware''' is a venture-backed technology company that provides a service to make old PCs run like new.<ref name="Business Insider - Hey Hot Young">{{cite news|last=Shontell|first=Alyson|title=Hey Young, Hot New Yorkers: Why Aren't You Building Useful Businesses?|url=http://www.businessinsider.com/generation-y-startups-2011-9|accessdate=21 June 2013|newspaper=Business Insider|date=9/2/2011}}</ref> It was founded by CEO Jonathan Hefter and currently specializes in the education sector. It is headquartered in the Flatiron district of Manhattan
'''Neverware''' is a venture-backed technology company that provides a service to make old PCs run like new.<ref name="Business Insider - Hey Hot Young">{{cite news|last=Shontell|first=Alyson|title=Hey Young, Hot New Yorkers: Why Aren't You Building Useful Businesses?|url=http://www.businessinsider.com/generation-y-startups-2011-9|accessdate=21 June 2013|newspaper=Business Insider|date=9/2/2011}}</ref> It was founded by CEO Jonathan Hefter and currently specializes in the education sector. It is headquartered in the Flatiron district of Manhattan.


== History ==
== History ==

Revision as of 19:32, 10 July 2013

Neverware
Company typeTechnology, Virtualization
IndustryEducation Technology
FoundedNew York, USA (January 2011 (2011-01))
FounderJonathan Hefter
Headquarters
Manhattan
,
USA
Websitewww.neverware.com

Neverware is a venture-backed technology company that provides a service to make old PCs run like new.[1] It was founded by CEO Jonathan Hefter and currently specializes in the education sector. It is headquartered in the Flatiron district of Manhattan.

History

Jonathan Hefter, Founder and CEO of Neverware

Hefter began developing Neverware’s core technology in 2009[2] after graduating from Wharton Business School at the University of Pennsylvania [3]. In May of 2010 Dogpatch Labs invited Hefter to work out of their Manhattan incubator,[4] and in early 2011 Neverware officially formed, moved to General Assembly’s Manhattan location,[5] and began operations.

After a successful pilot program,[2] Neverware launched in January 2013,[6] rolling its service out around New York City.

Technology

Neverware’s service revolves around their proprietary server computer, called a Juicebox,[7] which generates thin clients – a special kind of virtual machine.[2] The Juicebox, which is installed locally, handles all processing and computing tasks and relegates only simple display and input tasks to the user’s machine.[2] This is at the heart of Neverware’s business model, as it allows for outdated and even some broken technology to function like new.[8]

File:Neverware How It Works.png
Neverware's Juicebox Server computer connects to old computers to allow them to run faster, newer operating systems.

The current model Juicebox is designed specifically for education environments,[7] providing a solution that is less expensive than comparable enterprise services.[4]

Service

Neverware’s service includes full installation and setup of the Juicebox server, and continual system maintenance and support.[9]

Financing

Neverware’s investors include Khosla Ventures, GRP Partners, Thrive Capital, General Catalyst Partners, Collaborative Fund, and Nihal Mehta.[6][3]

Awards and recognition

Neverware has received media attention for its young founder,[10] noteworthy cause,[1] and projected viability.[5] Outlets such as Forbes.com,[11] The New York Times,[12] TechCrunch,[6] The Verge,[2] Engadget,[13] and The MIT Technology Review[14] have featured them.

• Ranked in 25 Hot New York City Start Ups[5]

• Founder amongst 20 Hot Young Stars in New York Tech[15]

• Founder listed in Forbes’ 2012 Up-and Comers [11]

• One of 13 Promising East Coast Tech Startups to Watch in 2013[16]

References

  1. ^ a b Shontell, Alyson (9/2/2011). "Hey Young, Hot New Yorkers: Why Aren't You Building Useful Businesses?". Business Insider. Retrieved 21 June 2013. {{cite news}}: Check date values in: |date= (help)
  2. ^ a b c d e Popper, Ben (12/11/2012). "Neverware hopes to save cash-strapped schools millions by making old PCs run like new". The Verge. Retrieved 20 June 2013. {{cite news}}: Check date values in: |date= (help)
  3. ^ a b Shontell, Alyson (12/12/2012). "An Admirable New Startup, Neverware, Has Raised $1 Million To Try And Save Schools A Lot Of Money". Business Insider. Retrieved 21 June 2013. {{cite news}}: Check date values in: |date= (help)
  4. ^ a b "Neverware Means Never Buying a Computer Again". The New York Observer. 1/20/2011. Retrieved 21 June 2013. {{cite news}}: Check date values in: |date= (help)
  5. ^ a b c Shontell, Alyson (6/7/2011). "The 25 Hot New York City Startups You Need To Watch". Business Insider. Retrieved 21 June 2013. {{cite news}}: Check date values in: |date= (help)
  6. ^ a b c Crook, Jordan (5/20/13). "Neverware Raises $1M To Keep Schools' Computers Quick Like Lightning". Tech Crunch. Retrieved 21 June 2013. {{cite news}}: Check date values in: |date= (help)
  7. ^ a b Watters, Audrey (1/29/2011). "Neverware Breathes New Life Into Schools' Aging Computers". readwrite. Retrieved 21 June 2013. {{cite news}}: Check date values in: |date= (help)
  8. ^ "Neverware Promises a World Without Replacement Hardware". Wakefield. 4/1/2013. Retrieved 21 June 2013. {{cite news}}: Check date values in: |date= (help)
  9. ^ Neverware. "How It Works". Neverware.com. Retrieved 21 June 2013.
  10. ^ Cannon, Lauren (5/2011). "CEO Passions: Volunteer Firefighting". Inc. Retrieved 24 June 2013. {{cite news}}: Check date values in: |date= (help)
  11. ^ a b "Up-and-Comers". Forbes. 4/4/2012. Retrieved 24 June 2013. {{cite news}}: Check date values in: |date= (help)
  12. ^ Lipinski, Jed (3/30/2013). "We're One Big team, So Run Those Stairs". The New York Times. Retrieved 24 June 2013. {{cite news}}: Check date values in: |date= (help)
  13. ^ Hollister, Sean (1/24/2011). "Neverware's Juicebox 100 squeezes new life into aging school computers (video)". Engadget. Retrieved 3 July 2013. {{cite news}}: Check date values in: |date= (help)
  14. ^ Dickinson, Boonsri (1/27/2011). "Making Old Computers Feel Brand New". MIT Technology Review. Retrieved 3 July 2013. {{cite news}}: Check date values in: |date= (help)
  15. ^ Shontell, Alyson (9/1/2011). "25 and Under: 20 Hot Young Stars in New York Tech". Business Insider. Retrieved 3 July 2013. {{cite news}}: Check date values in: |date= (help)
  16. ^ Weber, Harrison. "13 Promising East Coast tech startups to watch in 2013". The Next Web. Retrieved 24 June 2013.
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