Its Ceedo Personal technology enables PCs to run Windows applications from physical or network drives without installation on the host PC.
Intel investment arm, Intel Capital, will invest an undisclosed sum in Ceedo Technologies, a privately held software company.
The Israel-based company said it said it would use the investment to 'further establish its position as a leader in personal working environment software for consumer portable storage devices and accelerate its growth into the corporate and business market segments'.