E Ink Raises $16 Million for Electronic Paper Displays

E Ink, a developer of electronic ink-based displays, has raised $16 million in Series B financing, PEHub.com reported, citing a regulatory filing.The company has now raised a total of over $130 million since launching in 1997. Cambridge, Mass.-based E Ink's technology is utilized on devices including Sony's Reader e-book display, in addition to watches, clocks, and public information displays and promotional signs.Shareholders include FA Technology Ventures, Intel Capital, Motorola, Special Situations Funds, Hearst Communications and Toppan Printing Co. Article