/Android developer gets USD 70 M from investors including Qihoo 360

Android developer gets USD 70 M from investors including Qihoo 360

Holaverse, a Shanghai-based mobile internet technology company, has received USD 70 M in a new round of funding.

This round of funding is led by Addor Capital, a Nanjing-based venture capital group, followed by Chinese cyber security giant Qihoo 360 and Yi Capital, a capital fund focusing on early stage and growth stage investments in the telecommunications, media, and technology (TMT) sector. The investment will mainly be used for team building, technology research and development, and global market expansion, according to NetEase News.

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Photo from buzzorange.com

“The funding can help us bring in top-level talent from all over the world and continue to develop new products. At the same time, we will promote the construction of a global mobile gaming and social media platform,” said Xie Feng, founder of Holaverse.

Founded in December 2010, Holaverse is a fast-growing mobile internet technology company with a global outlook. The main products of the company include the Hola Launcher, a mobile desktop that enables users to personalize their Android system with a small, lightweight and friendly alternative, Omni Swipe, a product that allows convenient access to the user’s favorite apps, contacts, settings, and incoming notifications with just one hand, and Locker Master, an Android lock screen editor which lets users download lock screens from creators worldwide. So far, the number of Holaverse users has surpassed 460 million, which has drawn attention from industry giants such as Google and Facebook.

According to App Annie, Holaverse ranks among the top 10 mobile app developers on Google Play in 2015. The vision of Holaverse is to build a global mobile internet ecosystem, and connect 2 billion people around the world.

(Top photo from pixabay.com)

Eric worked on projects at Deloitte and the Global Times and is into digital devices like smartphones, tablets and PCs. Originally from Shandong Province, he's passionate about watching China's economic development but also hopes to travel the world the first chance he gets.You can follow him on Twitter