# Ejoy Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ejoy-technology

- Industry: Software
- Headquarters: Guangzhou, China
- Website: www.ejoy.com
- Total disclosed funding: $16M
- Latest round: Series B (Feb 9, 2016)
- Investors on record: 3

## About

Ejoy Technology specializes in technology-driven solutions designed to enhance user experiences through innovative software offerings and digital services, primarily for the technology sector.Founded in 2011 in Guangzhou, China, Ejoy Technology focuses on developing cost-effective technological solutions. The company has engaged in three notable deals, with its most recent funding being a Series A round in September 2017, where it raised CNY 100.000 mn led by IDG Capital. In September 2017, Ejoy Technology was acquired by Alibaba Group for an undisclosed amount, marking a significant pivot in its business trajectory.Ejoy Technology, officially known as Guangzhou Jianyue Information Technology Co., Ltd., specializes in technology-driven solutions aimed at enhancing user experiences through innovative software products. The company develops high-efficiency and cost-effective solutions, especially in software development and digital services, focusing on usability and performance. Their core offerings cater to a diverse range of clients in industries such as e-commerce, gaming, and mobile applications, extending their market presence internationally beyond China.Ejoy Technology’s revenue model comprises subscription-based services and direct-to-consumer sales, forming partnerships with businesses that leverage its technology solutions. Through licensing agreements and service contracts, the company integrates its software into client operations, promoting user engagement and recurring subscriptions as a steady revenue source.Following its acquisition by Alibaba Group, Ejoy Technology is anticipated to leverage its resources for new product development and to expand into new international markets. There are plans for designing and launching additional software solutions to enhance user engagement, although specific release dates have not been disclosed. With the CNY 100.000 mn raised during the Series A funding, the company aims to support these initiatives, further solidifying its position in both existing and new markets.

## Funding rounds

- Series B, Feb 9, 2016 — CMC Capital Partners, Addor Capital
- Series A, Aug 20, 2013, $16M — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A
- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series B
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series B