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Is it a PDA or PC? Both.

That's what the mobile and computing industries found out when OQO released the model 01 ultra personal computer a little over a year ago. Today, the company announced the securing of an additional $20 million in fourth round funding from Motorola Ventures, the Paladin Capital Group, Azure Capital Partners and AsiaTech Management.

The vendor plans to use the capital to scale up its sales and marketing efforts while accelerating research and development of next generation ultra personal computer products and related technologies. These products include OQO's new 01+, an upgrade to the original model 01 ultra personal computer, the first pocketable Windows XP computer.

OQO board member and founding general partner of Azure Capital Partners Mike Kwatinetz stated, "With the launch of its second product, the 01+, OQO has established itself as the industry leader in pocketable Windows XP computing. Given that over 400 corporate and government entities are already customers, Azure believes that 2006 will be the year the category emerges. And we expect the world-class R&D team at OQO to drive the category forward through continued innovation."

Model 01+
The Windows XP Model 01+ ultra personal computer measures a mere 4.9 x 3.4 x .9 inches and weighs the same 14 ounces as the original version, but has upgraded memory, a larger hard drive, faster connectivity, plus an internal speaker and an improved pen-based digitizer. So it comes with 512 MB RAM, a 30 GB hard disk (shock-mounted), and USB 2.0.

There's also a 1 GHz processor, 800 x 480 W-VGA 5-inch display (indoor/outdoor readable), 3D accelerated graphics with 8MB video RAM, a QWERTY thumb keyboard with mouse buttons and TrackStik, Wi-Fi, Bluetooth, FireWire (1394), a 3.5mm stereo headphone jack, microphone, added support for screen rotation, new support for network boot (PXE), and a removable lithium polymer battery for up to a three hours of power on a single charge.

Bundled accessories include a new universal power supply with auto and air adapter desktop stand, digital pen, carrying sleeve and a docking cable with following ports: