That specific error message may mean that .NET is not installed. The ClickOnce installer should do this automatically, but it's worth testing.
I installed .net and tried again. I no longer get the 0xc0000135 error but the program hangs while loading. I tried to send the error reports but when I hit 'send' they also hang. I don't know...there's a multitude of possible issues with my computer so it could be anything.