New Enterprise Associates Puts $4 Mill into RingCube. Why?!
Amit Chowdhry | Monday September 25, 2006 | 577 views
Mountain View based company, RingCube Technologies Inc. created MojoPac, a software currently in Beta that proved itself worthy of $4 million in Series A Funding by New Enterprise Associates (NEA). Krishna “Kittu” Kolluri, general partner at NEA stated that “RingCube has developed the first and most compelling ‘PC on a drive’ product the market has seen to date.”
Shan Appajodu, CEO and Co-Founder of RingCube Technologies Inc. envisioned MojoPac’s purpose based on the experience of not having a laptop to take his work home with him. This meant he had to spent more time at the office, a place where most men would agree that on their deathbed, they would never say, “I wish I spent more time at the office.” Because of being tired at the office, Appajodu gathered RingCube co-founders Mike Larkin, CTO, and Kiran Kamity, VP of Engineering, to develop software that could turn any computer into their own PC. MojoPac boasts that their software can turn any portable device including iPods and USB flash drives into PCs.
Amit’s Thoughts:
I was doing a little bit of homework on MojoPac’s website to see what you requirements are needed to benefit from the software to make any computer into “your PC.” You need a storage device that is big enough to hold the software applications that you want to carry around with you. For example, if you wanted to carry the iTunes+Quicktime combination (roughly 110MB) with you, then your USB device better be greater than 110MB, otherwise MojoPac won’t do you any good.
But let’s say that you are one of the lucky ones that has the 1GB-80GB iPods and you wanted to take your software applications with you where ever you go, then this is for you. If you have a 512MB or less than that, then expect to only carry around low-end software applications with you such as MS Paint instead of your copy of Adobe Photoshop.
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Categorized under Mojopac, RingCube Technologies
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