MMIM GETS USD10MN VC INVESTMENT
AsiaInfo Services, January, 2008
AsiaInfo Services 01-08-2008 MMIM Gets USD10mn VC Investment BEIJING, Jan 08, 2008 (SinoCast via COMTEX) -- Chinese wireless instant messaging company MMIM Technologies Ltd. announced on January 7, 2008 that it gained a venture capital investment for the third time, valued at USD 10 million. The investors are Crosslink Capital, IDG Technology Venture Investment, and BlueRun Ventures.
After it, MMIM has totally gotten more than USD 20 million. The company directs differentiated competition with its peers and it is to see a bright future. Now, MMIM has transformed from a pure wireless IM services provider to a social networking services provider, the chief executive officer Alex Liang said, the proceeds are planned to go to the technology research and development and...
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