Kingsoft Office Lands $50,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24c75f4c-0439-4474-bcab-927b73bee121
Date
11/26/2013
Company Name
Kingsoft Office
Mailing Address
530 Lytton Avenue Palo Alto, CA 94301
Company Description
Kingsoft Office is a software development company, established in 1989 with offices in the US, Japan, Malysia, Hong Kong, and China mainland. It has been a market leader in office software and has spent over twenty years developing and perfecting its user-friendly Kingsoft Office software.
Website
http://www.ksosoft.com
Transaction Type
Venture Equity
Transaction Amount
$50,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use its new capital to support its U.S. operations and expand globally by cementing partnerships with OEMs (for mobile preloads.
M&A Terms
Venture Investor
Morningside Group
Venture Investor
GGV Capital