RingCube Finds $12M

Mountain View-based RingCube Technologies, a provider of technology used to transport documents and files on a portable USB storage device, said this morning that it has raised $12M in a Series B funding. The funding came from MDV-Mohr Davidow Ventures, and also included New Enterprise Associates. The funding will go towards market expansion. The funding brings the company's total capital raised to $16M. More information »