Software by Phantombility, Inc:

Phantom CD is a FREE virtual CD/DVD drive. Mount your CD/DVD image files in Windows. Use disc images for your CD and DVD backup. Replace your physical discs to avoid wear and tear on your optical drive, and to avoid disc problems resulted from heat, scratch, and dirt. Enjoy reading speed up to 200 times faster than a physical disc, allowing your application and games to start and run faster.

Phantom Burner is a Blu-ray BD-RE/DVD+RW/DVD-RAM/CD-R/BD-ROM/DVD-ROM/CD-ROM burner drive. It not only allows you to mount disc image files as virtual CD or DVD or BD discs, but also let you create disc image files by burn to the virtual drive, from using any disc burning software. By supporting standard SCSI commands, it is compatible with most burning software, whether it is Nero, Sonic or Roxio, Windows Media Player, RealPlayer or iTunes.