Digital video game company Hangzhou sight of 10 million U.S. dollars investment

December 13, 2007, Digital TV leisure gaming company Hangzhou Sight (viewlinecn.com) officially announced the end of the first round of financing, access to 10 million of dollars of financing. The financing of the 2007 digital television value-added services in the field of the single largest investment. It is understood that the sight of science and technology has long been a number of internationally renowned venture capital institutions, and has a soft silver race, IDG, Merrill Lynch investment and so on several in-depth negotiations, but considering the particularity of the digital television industry, the vision of science and Technology decided to the first time financing opportunities to the domestic risk capital And in less than one months of time successfully introduced a professional local venture capital institutions-Haitai innovative assets (Hightech venture). Network game Enterprise Perfect time and Space director Song and the domestic biggest record company too the wheat field founder Songko will serve as the independent director of Hangzhou Sight Technology. The introduction of two independent directors means that line of sight technology will provide the public with a richer value-added service content, further expand the audience, and strive to create a full range of digital TV entertainment platform. This round of capital injection on the one hand will support the Hangzhou line of sight at the technical level of infrastructure, enhance interactive television user interaction experience, to meet the interactive TV users rapid growth of diversified demand, on the other hand to expand the company's brand market construction and overall marketing work. "We are very pleased to be able to get such heavyweight investors and inject money to help the company grow," Lin, chief executive and founder of Vision Technology, said to reporters. We are planning to expand the company's scale and technical assets in a systematic way, thereby continuously providing the national interactive TV users and international users with leisure, healthy and high-quality Interactive TV value-added services, optimizing service content, improving service quality, consolidating the leading position of vision technology in the field of Chinese interactive TV value-added service, It has become the flagship enterprise in this field representing China's digital video game market. "Digital television is considered to be the most promising media platform in the next decade, and the digital TV sector is the most promising new medium in terms of growth, users and value, and Morgan Stanley is predicting a huge growth in the new media industry in China, leading to world-class new companies." It is expected that the number of digital TV subscribers will grow at three times times a year over the next three years, and in the end, China's digital cable TV users will exceed the size of the Internet. The digital TV value-added services will reach a scale of 50 billion RMB a year. About line of sight technology: line of Sight technology (www.viewlinecn.com) is a foothold in China, service the global digital TV value-added service provider, the sight of the big player platform is currently the largest coverage of the Chinese region, the number of users most of the digital TV casual gaming integrated portal. The sight of people developed hundreds of health, leisure, interactive games, integrated greeting cards, text messages, TV pets and other All-weather one-stop platform digital video game portal.