Mobile operating system developer Haimawan receives USD 53M for Series C
Founder: Dang Jinfeng
Founded in: 2013
Financing status: RMB 360 million (USD 53 million) for Series C financing in 2017
Mobile operating system developer, Haimawan, received USD 53M for a Series C financing round on July 28 to invest in its cloud computing platform.
Cloud computing is essential infrastructure for many technology companies. Though some tech giants such as BAT (Baidu, Alibaba, and Tencent) can handle a large amount of data and information which allows them to build an advanced cloud computing service platform, smaller startups and companies don’t have that level of resources. Therefore, supporting these companies with cloud computing services has become a trend.
Haimawan is a cloud-based mobile operating system developer that helps users more easily visit online content on their mobile devices. For example, it allows users to click on a mobile advertisement to visit its content without having to open it through a separate browser.
It released its mobile content cloud computing platform, Haima Cloud, in 2016. Haima Cloud is essentially a Mobile OS-as-a-Service platform, which is designed to bridge the divide between mobile devices and the web for users visiting stored content.
This technology can be applied to several scenes, including mobile gaming, mobile advertisement, and enterprise management sectors, in order to more efficiently use information. For example, Haima’s platform provides game companies with its content cloud computing services across Android and iOS systems, as well as personal computers and apple’s MacBooks.
Founded in 2013 in Beijing, it has already built its own app aggregators for different systems, including iOS, Android, Windows, and Mac. Because it mainly focuses on publishing games and providing mobile content cloud computing services to game publishers, it also established an online game community for users and developers to communicate.
This Series C financing round was from a group of investors that included Shenzhen Stock Exchange-listed Elefirst Science & Technology Co., Ltd. The capital will be used to develop its mobile content cloud computing business, as well as invest in market expansion plans for more users.
Online automobile financial platform Weiclicai receives USD 5.3M for Series A
Founder: Xue Junlong
Founded in: 2013
Financing status: RMB 36 million (USD 5.3 million) for Series A financing in 2017
Online automobile financial platform, Weiclicai, received USD 5.3M on July 31 for Series A financing round to expand its business into more cities.
Weiclicai is an online automobile financial platform that helps automobile retailers get loans more easily on its platform to boost their transactions. Unlike traditional loans for dealers that support their loans with their automobile stock, which implies a higher risk and has a high threshold for small dealers, Weiclicai allows dealers to get loans with each of their cars on its platform. In order to protect its revenue, it charges car dealers with an interest rate of 8%.
Founded in 2013 in Shanghai, Weiclicai developed an electronic business system and a risk control system, which enables users to get funds in 5 minutes after they submit their application. Currently, its business covers more than 20 cities in China, with a monthly transaction volume exceeding RMB 200 million.
Weiclicai grabbed this Series A financing round led by In Capital, with U51 and WDZJ participating as investors. It plans to use the funds to expand its business in new cities and improve its risk management technologies.
(Top photo from 58pic.com)