Second-round Financing by IDG Capital Partners in June 2011 Yet Another Indicator Wondershare Poised for Long-Term Growth and Profitability
SAN FRANCISCO, July 7, 2011 — Wondershare Software Co., Ltd., a world-class software developer of Windows® and Macintosh® multimedia and business utility applications, today announced that IDG Capital Partners, an independent partnership of the renowned venture capital company IDG Ventures, has provided second-round investment financing to fuel Wondershare's continued growth in the global software marketplace.
IDG Ventures manages approximately $6.8 Billion in investment capital and is part of a diverse global platform that includes publishing, market research, and events/exhibition services. IDG Capital Partners is the independent partnership focused on investing in promising companies located in China, with approximately $2.5 Billion in investment funds under management. IDG Capital Partners, with a deep understanding of both the local market in China as well as the global technology marketplace, recognized Wondershare as a sound investment candidate.
"We are honored and excited to have this partnership with IDG Capital Partners," stated Tobee Wu, CEO, Wondershare Software Co., Ltd. "It speaks volumes about Wondershare's business potential to receive investment financing by such a prestigious firm as IDG. The funding we have received will allow Wondershare to continue developing and marketing world-class software solutions for consumers and businesses worldwide."
To learn more about the impressive lineup of software products from Wondershare, please visit http://www.wondershare.com.
About Wondershare
Wondershare Software Co., Ltd., an IDG invested company, is an innovative software developer dedicated to delivering the very best in software products and services to the worldwide consumer and business market segments. Headquartered in Shenzhen, China, Wondershare has branch offices in the USA, Germany and Japan. Wondershare has been named to Deloitte Technology Fast 500 Asia Pacific in 2009 and 2010.
Media Contacts:
Vera Chen, Corporate Communications
Wondershare Software Ltd.
Email
Tel: +86-755-8611-7717
Robert DeMoulin
DeMoulin & Company Public Relations
Email
Tel: +1-925-699-5423
# # #