Skip to comments.RingCube Connects to $12M (Software startup lets people bring computer desktops with them)
Posted on 03/06/2007 1:21:54 PM PST by nickcarraway
RingCube Technologies has raised $12 million in a second round of funding, the company said Tuesday.
Mountain View, California-based RingCube would like to change computing habits by making computers truly portable with its MojoPac software. MojoPac allows users to transfer all applications from their main computer to any portable storage device, be it a digital music player or a flash memory stick.
MojoPac is just one of many options for people who want access to their computers without actually taking them alongfrom souped-up UBS devices to on-demand software thats stored on the Internet. The company said it already has tens of thousands of users since launching the software in September 2006.
Weve seen phenomenal growth month to month, RingCube CEO and founder Shan Appajodu said. Forty percent of users are outside the United Statesmostly in Brazil and Chinawhich supports RingCubes plan to target emerging markets where users dont have their own personal PC, he said.
The investment came from first round investors New Enterprise Associates and MDV-Mohr Davidow Ventures.
Users can plug the device containing their applications into any host computer running Microsoft Windows.
MojoPac has many rivals. U3 makes USB flash devices that come, or can be loaded, with special versions of more than 100 applications (see A Desktop In Your Pocket). Meanwhile, an increasing number of devices promise lightweight computing on the gofrom OQOs mini-laptop to Apples upcoming iPhone (see RH 100 N.A. Computing, Its An Apple Life). Whats more, on-demand software makes it possible for users to store all their files online and access it from any computer (see Free OS For All, Hosted Services To Top $19B).
But Mr. Appajodu said his company offers more than these competitors. U3, for example, only works with special versions of applications.
As far as on-demand software, he said, People would me more comfortable putting it in their pocket and not on the Web. They can also play games that they cant put on the Web, and also use their software while offline.
Do you have to carry the screen around with you? Pretty big pocket...
"MojoPac has many rivals."
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