Umeng Lands USD 10 Mln in First-Round Funding

Sina Tech, 7/28/11

Umeng, the mobile application analytics platform incubated by Innovation Works, completed first-round funding last month. Matrix Partners led the investment, which raised USD 10 mln for the company in its second investment since the angel investment it received from Innovation Works last November.

Umeng founder and CEO Jiang Fan said that the company would explore the field of mobile advertising in the future.

Umeng released China's first mobile application analytics service last August, providing real-time data analysis for Chinese Android and iOS developers. According to official figures, Umeng has provided service to more than 10,000 applications, covering more than 50 mln mobile terminal users in China and abroad, and has its data analysis software launched more than 100 mln times per day. Umeng employs more than 60 people.

Keywords: Jiang Fan HR mobile application funding users wireless Android mobile advertising first-round Matrix Partners Innovation Works Umeng iOS mobile OS

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily