April 29 News, the Network Qin officially won a new round of 20 million U.S. dollars VC injection, which is the global mobile phone security services industry to obtain the largest investment, so far, the Net Qin has accumulated 35 million U.S. dollars. Net Qin CEO Lin Yu to TechWeb revealed that far in 2007, a number of world-renowned investment institutions have been very optimistic about mobile phone security industry, the financing of the success of the Network Qin will further expand the mobile phone security business, and focus on creating mobile phone "cloud security" platform for mobile phone users to provide more advanced anti-virus, Anti-harassment and privacy protection and other security services, at the same time will be fully open up overseas markets, in five years to become the world's largest mobile phone security services company. It is reported that the Network Qin since its inception in October 2005, has won the Jinsha River (GSR), Sequoia China (Sequoia), joint venture Source (Ceyuan VC) and Fidelity Asian Fund (Fidelity Asia VC) and other global top VC support. Jinsha Fund related officials said, investment network Qin is to see the mobile phone security services in the global range of rapid development and huge commercial potential, the Network Qin from 2007 to win the venture, the service crowd from 1 million to 43 million, this year is expected to break through the 100 million mark. Analysis of the industry, NetQin's success is to establish a good business model-the basic services Free + value-added services charging model, in providing basic free services to the public, but also through the specific VIP services to achieve profitability. Through this financing, Qin will maintain its own mobile phone security services in the field of continuing leading edge, will also help the NetQin to accelerate the expansion of the global market, to become the world's largest mobile phone security services company's strategic objectives.
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