QVIVO Limited, a Hong Kong-based SaaS media company, has secured US$1m in funding.
Backers include SingTel Group’s corporate venture capital fund SingTel Innov8.
The company intends to use the funding to expand its infrastructure capacity.
Led by Mr. Liam McCallum, CEO and co-founder, QVIVO provides a platform that enables users to sync their entire personal media collection of film, music and television favorites to the cloud to be streamed to any browser, desktop or mobile device.
The company’s Cloud service offers unlimited media storage plans starting from US$1.99 per month.
FinSMEs
02/10/2012