Quixey Closes $20 Million Series B Round - WI Harper follows-on investment after co-leading Series A financing
SAN FRANCISCO, BEIJING and TAIPEI, Taiwan, June 7, 2012 /PRNewswire-Asia/ -- WI Harper Group, a leading Chinese early growth and expansion stage venture capital firm, today announced a follow-on investment into Quixey, the ultimate cross-platform app search engine. Quixey invented Functional SearchTM search, a new type of search that allows users to find apps that do what they want. Quixey partners with mobile manufacturers and browsers to search engines and carriers to power app search. The Series B financing brings Quixey's total amount of funding to $24.2 million to date. The B round was led by Atlantic Bridge and included SK Planet and TransLink Capital, as well as existing investors, WI Harper, US Venture Partners, and Eric Schmidt's Innovation Endeavors.
Quixey's Functional Search™ is the most intuitive way to search for apps – people simply search for what they want to do, and Quixey finds the apps that can help. Other search engines require users to know exact app keywords to get more relevant results. With Quixey's natural language based technology, users simply answer the question: "What do you want to do?"
"Quixey was created to solve a huge problem. Millions of apps exist and thousands more are being created every day across all platforms, but people can't find apps in the moments they need them," said Tomer Kagan, CEO of Quixey. "Quixey is the only company that connects users with apps across all platforms. Whether users are on their mobile device, desktop, browser, app store, the web or any other platform, Quixey will connect them to the right apps."
Mr. Peter Liu, Founder and Chairman of WI Harper Group commented, "Quixey crawls data from across the web - including blogs, review sites, social media outlets and more- to produce the most relevant search results. Most search engines only incorporate data from the descriptions in a single app store. Since Quixey know what each app can do, they can match people with apps that meet their needs. We are very proud of the execution and progress made by Quixey and its management team to date, and we look forward to supporting the Company to achieve its aspirations in becoming a global leader in functional app search."
About WI Harper Group
Founded in 1993, WI Harper Group is one of the founding venture capital franchises in Greater China. The firm invests in early and expansion stage companies with significant operations in China and aspirations to become global leaders. We are an active partner with a track record of over 100 investments in the technology, clean technology and health care sectors. The firm manages over $750 million in committed capital from our offices in Beijing, Taipei and San Francisco. For more information, please visit www.wiharper.com.
Quixey is The Search Engine for Apps – searching mobile, desktop, web and browser apps. Quixey invented a new type of search, Functional SearchTM, that allows users to find apps by searching for what they want to do. Quixey partners with major app stores, search engines, manufacturers, carriers and web platforms to power app search globally. For more information, please visit www.quixey.com.
For more information, contact:
Cathy Zhuang, Media Contact
WI Harper Group
+86 10 6539 1366
SOURCE WI Harper Group