Yo, America's minimal social application, has completed seed round financing

Source: Internet
Author: User
Keywords Tencent Yo founder Abel
Tags application applications communication communication applications company default financing information

Jinghua Times Tencent founders never stingy on social communication applications of all ages. Following the 2012 Tencent stake in Korean version of WeChat KakaoTalk, last weekend there was news that the United States minimal social applications Yo has completed a $ 1.5 million seed round of financing, the valuation reached 10 million US dollars, investors, including several founders of Tencent , Which Tencent default.

Russia's Abel, the founder of Yo, said in a formal announcement that the value of this round of financing far exceeded the funds the company received. Introduce more talent to the Yo team at this stage and provide users with more and better value. Public information shows that since the online launch in April this year, Yo has been downloaded over 2 million times, there are already more than 2,000 developers using its application programming interface (API) for development, in addition to users can Yo friends, but also Yo Smart lights, air conditioners, sockets and so on.

The industry's assessment of the minimalist messaging application Yo is extreme, with the accredited party calling it a genius idea, and the critics saying it is nothing more than a boring, brain-broken product. This application development took only 8 hours, Mosha Hogie initially required Russia · Abel to develop a big button application, as a call to the secretary's bell, click, the information will be pushed to the secretary's cell phone , But this application can only issue a word "Yo".

Yo founder Mosha Hogg and Russian Abel, said in an interview with the media, what is the meaning given to people Yo, Yo What is the significance of this application on behalf of the information explosion in the community back to basics, Yo this tool will connect everything . For example, the commercial version of Yo lets businesses send millions of subscribers to Yo subscribers at the same time, letting them know that promotions are starting.

It is understood that by instant messaging fortune Tencent invest more in the game industry, which is 80% of its revenue by the same contribution to the game, Tencent reported in the first half of 2012 earnings, has acquired South Korea's mobile instant messaging tool KakaoTalk, causing the industry attention.

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