Chinese Video Software Site Baofeng Gets $15 Million Funding
The Chinese online video fundings are still continuing, and now seems to have graduated into more tech-backed type of deals than consumer: Video software company Baofeng.com has received $15 million in VC funding. The round was led by Matrix Partners China and IDG, and the money will be used in developing its flagship product, the Baofeng Storm Codec. It is like the Brightcove of China, providing online video services to media companies such as Sohu.com and PPS. Some more about the company here.
Nov 28, 2008 10:53 AM ET
Posted In: Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, Broadband, Countries, Asia, China, baofeng, idg china, matrix partners china
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Comments (2)
May 4, 2009 2:40 PM
I have bought a spy pen cam and it does not work well. I have already done what they advised me ( RESET AND FULLY CHARGE) but nothing happens. It films only 01 min and without sound, I mean, there is no sound in the video and stop all the time each one minute.
Please, give me a help or replace it for me.
Thanks
Eduardo
May 26, 2009 4:09 AM
baofeng is ok