Rajesh Jain founded thin client company Novatium Solutions has received an undisclosed amount of funding from venture capital firm New Enterprise Associates (NEA (NSDQ: ERTS)). Novatium is currently headquartered in and operating in Chennai, and the NEA investment will be used to help Novatium expand beyond Chennai. Krishna Kolluri, General Partner at NEA, and Ben Mathias, VP at NEA India, will join the board of Novatium. [via release]

SEE ALSO: Intel Plans To Bring Low Cost PCs To India; PC Installed Base At 22 Million

At the TiEcon 2006, Novatium CEO Alok Singh had mentioned that they want to change the way people use the PC; make it more of an appliance like a toaster. Novatium tries to take the complexity out of computing and the cost of ownership of a computing device with a server based thin client - what one buys for around $100 (or rents for around $10 per month), is a client with screen and keyboard that connects to a centralized server (Star topology?) with the requisite software, Internet access, virus protection etc. Newsweek had an interesting feature on Novatium.