Qihoo 360 set up venture capital in Silicon Valley and has invested five start-up companies

Absrtact: National borders have long been a frontier for Chinese giants ' ambitions. According to Dow Jones Venturewire News, nine months ago, Qihoo 360 in the Silicon Valley Palo Alto set up a VC company, headed by strategic director Mike Liao, has invested five start-up companies, covering the big

Borders have long since become the border of Chinese giants ' ambitions. According to Dow Jones Venturewire News, nine months ago, Qihoo 360 in Silicon Valley Palo Alto set up a VC company, by strategic director Mike Liao is responsible for, has invested five start-up companies, covering large data, smart hardware, home security applications and other fields.

Qihoo 360 started from safety, and the venture capital fund was also related to safety. Mike Liao says the fund will focus on finding startups that can help digital security services. EyeVerify is one of them. As long as you stare at the camera and turn the eyeball on both sides, eyeverify software can identify the user by its eye pattern (the texture structure of the whites). EyeVerify says the recognition technique achieves the same accuracy as a fingerprint or iris scan. Mike is interested in integrating eyeverify technology with more than 50 games, security, and mobile banking applications in the 360 application market.

According to sources, the Fund's investment in the smart hardware company, in fact, is 36 Krypton in March this year reported Moov, product excellent, very potential of a start-up company.

360 does not set the size of the fund for Silicon Valley, but it is estimated that money is not missing, given its $10.8 billion trillion in volume.

In addition to investing in startups, Mike Liao also seeks to collaborate with other big companies, such as Intel, Microsoft, Google, Apple, and so on.