Chinese Browser Firm Maxthon Gets Venture Funding

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Beijing-based browser startup Maxthon has received a new round of venture funding. The round was led by Charles River Ventures. The Maxthon browser has been downloaded more than 55 million times worldwide since 2003 and ranks as China’s most popular web browser after Microsoft’s (NSDQ: MSFT) IE. Maxthon is built on an IE kernel, but offers custom features like tabbed browsing, an RSS detector and reader, and ad blocking, like others in the field like Avant Browser.
The exact amount of funding was not disclosed but it was under $5 million, according to CRV general partner Bill Tai. Maxthon’s original investors include Copenhagen-based Morten Lund, who was a seed investor in Skype, and San Francisco-based VC WI Harper.
More details in the release here.

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