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Summary:

Borqs, a Beijing-based startup that develops mobile software for handset makers and mobile carriers using Google’s Android OS, says it’s received $17.4 million in Series B funding from Norwest Venture Partners as an increasing number of devices using the platform are being readied for launch. Some […]

borqsBorqs, a Beijing-based startup that develops mobile software for handset makers and mobile carriers using Google’s Android OS, says it’s received $17.4 million in Series B funding from Norwest Venture Partners as an increasing number of devices using the platform are being readied for launch. Some 18-20 new Android-based phones are expected to be released this year, including the T-Mobile’s, the successor to the T-Mobile G-1.

Borqs’ investors pushed the 2-year-old startup — whose software allows mobile carriers to create a consistent user interface on their smartphones and thus a “branded” experience for their users — to procure additional capital backing as it faces more demand for its service, its president of international business, David Young, told us. He said the company will use the money to hire more engineers to enhance its product in-house, expand its infrastructure and boost its product portfolio, but that the majority of it will be sitting in the bank as an “extra cushion.” Borqs is currently working with the top carriers in North America and Europe, according to Young. It already has a relationship with China Mobile.

  1. [...] raises $17.4 million from Norwest — The Chinese smartphone designer, which is creating Android-based phone designs for China Mobile, makes a trip to the treasure [...]

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  2. [...] raises $17.4 million from Norwest — The Chinese smartphone designer, which is creating Android-based phone designs for China Mobile, makes a trip to the treasure [...]

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  3. [...] raises $17.4 million from Norwest — The Chinese smartphone designer, which is creating Android-based phone designs for China Mobile, makes a trip to the treasure [...]

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  4. [...] As Android Rollouts Ramp Up, China’s Borqs Gets $17.4M >> GigaOm [...]

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  5. We are the Borqs. Qesistance is futiles. You will be Qssimilated.

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  6. [...] for being lesser than originally expected (not by me, of course), but its existence has netted Beijing-based Borqs a cool $17.4 million in Series B funding led by Norwest Venture Partners (NVP).  Other participants included GSR Ventures and Keytone [...]

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  7. [...] Borqs is a Beijing-based company, which the Silicon Valley Business Journal says has operations in Sunnyvale, California–not far from Google’s headquarters. It makes mobile software products for wireless service providers, already has deals with China Mobile, and is pursuing an Android-based, customized operating system for mobile phones. You can find out more about the two-year old startup and its efforts here. [...]

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  8. [...] Jolicloud’s $4.2m series A. Later stage deals included $20m series B for Schooner Info Tech, $17.4m series B for Borqs, Medsphere’s $12m series D and Acquia’s $8m series B. Permalink | [...]

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  9. [...] the potential hundreds of millions of Chinese who would rush to buy data plans, smartphones and applications. Today, iSuppli predicts that wireless data revenue in China will rise to $19.3 billion in 2009, up [...]

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