Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Voice Calling SNS App Wins USD 15 Mln Series A

Sina Tech, 6/05/14

Bilin Online, developer of mobile SNS app Bilin, has announced the receipt of USD 15 mln in first-round funding from Qiming Venture Partners and Morningside Ventures. Zero2IPO acted as an advisor for the transaction. The funding will be used principally to expand the Bilin team and increase the number of servers deployed by the company. Bilin is an anonymous phone calling app, allowing users to connect with other random app users to conduct "chat roulette-style" voice-only conversations.

Bilin was released in May 2013, with a registered use base now surpassing 20 mln. 35% of Bilin uses are female, while 75% are below the age of 24. Combined average daily talk time via the Bilin app is around 10 mln minutes.

Keywords: Bilin mobile SNS funding users wireless Morningside Qiming Zero2IPO

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

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 Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports