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Northern Light Venture Capital
Northern Light Venture Capital (NLVC) () is a Chinese venture capital firm founded in 2005. It focuses on investing in companies in the technology and healthcare sectors. Background NLVC was founded in 2005 by Feng Deng, Jeffrey Lee and Yan Ke. Feng Deng and Yan Ke were previously co-founders of NetScreen Technologies, an IT Security company that went public on Nasdaq in 2001 and was later acquired by Juniper Networks in 2004 for $4.2 billion. New Enterprise Associates and Min Zhu (co-founder of Webex) were initial backers of the firm when it was raising its first fund. Greylock Partners is another early backer of the firm. NLVC invests 70% of its funds into Series A rounds, 20% in Series B rounds and 10% into Seed rounds. NLVC has offices in Silicon Valley, Hong Kong and several cities in China including, Beijing, Shanghai. Funds Notable investments * Actions Semiconductor * Aerohive Networks * APUS Group * BGI Group * Binance.US * Chukong Technologies * Cro ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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VIPKid
VIPKid, also known as VIPKID, is an online teaching and education company. History Founded in 2013 and formally launched in 2014 by Cindy Mi, the VIPKid platform connects paying students with teachers in the United States and Canada. Its online-classroom portal enables students to receive 25-minute English language lessons from fluent English-speaking teachers. Students and teachers communicate via its video chat platform. In 2017, VIPKid launched a new service, Lingo Bus, to teach Mandarin to students of 5 to 12 years old. In 2017, VIPKid reported that it had raised $200 million in initial series funding, and in April 2018 raised an additional $500 million in series D+ funding. Combined, this amount equated VIPKID's valuation to $3 billion. As of November 2018, the company reported having 60,000 contracted teachers to teach 500,000 students. In May 2020, VIPKID announced that all current teachers would gradually transition to a new service fee structure and the base rate a ...
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UNISOC
UNISOC (), formerly Spreadtrum Communications, Inc. (), is a Chinese fabless semiconductor company headquartered in Shanghai which produces chipsets for mobile phones. UNISOC develops its business in two major fields - consumer electronics and industrial electronics, including smart phones, feature phones, smart audio systems, smart wear and other application fields; Industrial electronics cover the fields such as LAN IoT, WAN IoT and smart display. As of 2021, it is the fourth largest mobile processor manufacturer in the world, after Mediatek, Qualcomm and Apple, with 9% of global market share. Research and development UNISOC has research centres in Shanghai, Beijing, Tianjin, Suzhou, Hangzhou, Chengdu, Xiamen, United States, Finland and India, technical support centre in Shenzhen, and international field support offices in South Korea, Taiwan and Mexico. Its products support a broad range of wireless communications standards, including GSM, GPRS, EDGE, TD-SCDMA, W-CDMA, HSPA ...
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Tencent Music
Tencent Music Entertainment Group () is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, Kugou, Kuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China. In the first quarter of 2021, Tencent Music announced it had 60.9 million paying users, up 42.6% compared to the 42.7 million paying users in the first quarter of 2020. In addition, the total number of music streaming users was announced to be 615 million, a drop of 6.4% compared to the first quarter of 2020 (657 million). History Tencent Music was established in July 2016 with Tencent's purchase of China Music Corporation to strengthen its music offerings. On July 4, 2018, Sony/ATV Music Publishing acquired an equity stake in Tencent Music. In October 2018, the firm filed for IPOs of around $2 billion ...
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Segway Inc
Segway Inc. is a Chinese owned, formerly American manufacturer of two-wheeled personal transporters, chiefly through its Segway PT and Segway miniPro product lines. Founded by inventor Dean Kamen in 1999, the company's name is a homophone of the word "segue". Segway Inc. was headquartered in the U.S. state of New Hampshire and primarily marketed its products to various niche markets, including police departments, military bases, warehouses, corporate campuses, and industrial sites. It has held some key patents on designs for self-balancing personal transporters, although some of them have since expired. Since the Chinese company Ninebot acquired it in 2015, Segway has focused on developing a stronger presence in the consumer market with smaller products such as the Segway miniPro. History Origins The first patent by Dean Kamen for a self-balancing transportation device was filed on February 23, 1993, and granted on December 30, 1997, in relation to the iBOT, a self-balancing ...
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Qumulo
Qumulo is an American data storage company based in Seattle, Washington. Founded in 2012, it offers products and services to help other companies manage and curate large amounts of data. History Qumulo was founded in March 2012 by Neal Fachan, Peter Godman, and Aaron Passey. They all previously worked at Isilon, a storage platform that was acquired by EMC. Several of Qumulo's key employees are also former Isilon employees. The company received $2.3-million seed funding from investment company Valhalla Partners. In November 2012, it secured an additional $24.5 million from a Series A round led by Highland Capital Partners. By the end of its first year, the company had raised a total of $26.8 million while releasing few details about its possible product offering. After an 18-month development period in 2013–2014, Qumulo began selling its products in August 2014. Six months after its product release, the company announced completion of a $40-million funding series led by Kleiner ...
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Meituan
Meituan (, literally "beautiful group"), formerly Meituan-Dianping, is a Chinese shopping platform for locally found consumer products and retail services including entertainment, dining, delivery, travel and other services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The company operates different apps and websites for different services. The Meituan site offers deals of the day by selling vouchers on local services and entertainment. By May 2014, the company had 5,000 employees. In 2015, Meituan merged with Dazhong Dianping and changed its name to "Meituan-Dianping". dianping.com ( 大众点评网 ''Dàzhòng diǎnpíng wǎng'', literally "public reviews net") hosts consumer reviews of restaurants, similar to Yelp and TripAdvisor, and also offers group buying similar to Groupon. Meituan-Dianping is one of the world's largest online and on-demand delivery platforms. It has over 290 million monthly active users and 600 million registered users as ...
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Kunlun Fight
Kunlun Fight (KLF) (Chinese: 昆仑决; pinyin: Kūnlún Jué), is a kickboxing promotion headquartered in Beijing, China. It debuted in 2014 and is regarded as one of the top kickboxing promotions in the world. Events are broadcast on Jiangsu Television domestically and on various regional and international channels. The first event was held in Pattaya, Thailand on January 25, 2014. The promotion has since held over 20 events each year. History Inaugural event The first event in Pattaya, Thailand on January 25, 2014 included super fights and a 4-man kickboxing tournament with Andrei Kulebin, Petsanguan Luktupfah, Guo Dongwang and Umar Semata. After the inaugural event the promotion has held events in Thailand two more times. Signing Buakaw Banchamek On June 7, 2015 it was announced that Kunlun Fight had signed one of the most successful and famous 70 kg kickboxers in history, 2 time K-1 World Max Champion Buakaw Banchamek to an exclusive 6-fight contract. Buakaw has contin ...
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Drive
Drive or The Drive may refer to: Motoring * Driving, the act of controlling a vehicle * Road trip, a journey on roads Roadways Roadways called "drives" may include: * Driveway, a private road for local access to structures, abbreviated "drive" * Road, an identifiable thoroughfare, route, way, or path between two places Science * Drive theory, a diverse set of motivational theories in psychology * Drive reduction theory (learning theory), a theory of learning and motivation * Prey drive, in the study of animal behavior, the predictable tendency of a carnivore to pursue and capture prey * Gene drive, in genetics, a type of bias in the inheritance of a gene Arts, entertainment, and media Films * ''Drive'' (1997 film), an action film starring Mark Dacascos * ''Drive'' (2002 film), a Japanese film starring Ren Osugi * ''Drive'' (2011 film), an American crime drama film starring Ryan Gosling * ''Drive'' (2019 film), an Indian romantic drama film Literature * '' Drive: The Story ...
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Dianrong
Dianrong (Simplified Chinese: 点融网 , pinyin: Diǎnróng Wǎng) is an online marketplace lending company headquartered in Shanghai, China. Named the “Lending Club of China”, the company was founded in 2012 by Soul Htite, co-founder and former CTO at Lending Club, who joined efforts with Kevin Guo, a PE fund partner and a lawyer from Shanghai to create a company similar to Lending Club in China. History In 2012, the co-founder of Lending Club and its former CTO, Soul Htite, came from the United States to China and brought Lending Club's technological know-how with him. He met finance lawyer Kevin Guo, and together they created Dianrong.com. Overview As of 2013, Dianrong specialized in small consumer and business loans, ranging in size from 2,500 to 500,000 RMB for personal loans and 50,000 to 2,000,000 RMB for small business loans. Interest rates, loan tenure and fees were based on credit history, income, debt to income ratio, and loan purpose. Tenure varied from 1 ...
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Crossbar (computer Hardware Manufacturer)
Crossbar is a company based in Santa Clara, California. Crossbar develops a class of non-volatile resistive random-access memory (RRAM) technology. The company in 2013 announced its goal was a terabyte of storage on a single integrated circuit, compatible with standard CMOS semiconductor manufacturing processes. History Crossbar was founded in 2010, by George Minassian, Hagop Nazarian, and Wei Lu. As part of the University of Michigan Tech Transfer program, in 2010, Crossbar licensed resistive RAM (RRAM) patents from the University of Michigan. Crossbar filed patents relating to the development, commercialization and manufacturing of RRAM technology. In August 2013, Crossbar emerged from stealth mode and announced the development of a memory array at a commercial semiconductor device fabrication facility. It was said to deliver faster write performance; lower power consumption and more endurance at half the Die (integrated circuit), die size, compared to NAND flash memory. Si ...
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