# Ifenglian

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ifenglian

- Industry: Telecoms
- Headquarters: Shenzhen, China
- Website: www.ifenglian.com
- Total disclosed funding: $46M
- Latest round: Series B (Jun 3, 2016)
- Investors on record: 1

## About

Ifenglian is a technology company specializing in smart routers and application software, enhancing home connectivity and security through innovative solutions.Founded in 2014 in Shenzhen, China, Ifenglian develops and markets smart routers under the 360 and Leike brands. The company was established as a joint venture between Qihoo 360 and Leike. Since its inception, Ifenglian has raised a total of CNY 300 million through a SERIES B funding round in June 2016, led by China Science & Merchants Capital Management, which reflects their steady growth as they have completed 2 deals to date.Shenzhen Fenglian Technology Co., Ltd. focuses on the development, manufacturing, and marketing of smart routers and related application software under the 360 and Leike brands. Their flagship product is the 360 OS smart router platform, designed for enhanced home network security and functionality by supporting plugin integration, open connection protocols, and system interoperability. The company serves over 5 million families in China and is expanding rapidly, achieving monthly sales of 500,000 units.Shenzhen Fenglian Technology Co., Ltd. generates revenue through direct-to-consumer sales and partnerships with retailers, leveraging its extensive range of smart home technology products. Revenue is derived from sales of smart routers and associated services, which are aimed at increasing home connectivity and security. The company also benefits from potential subscription-based services linked to their 360 OS smart router platform, contributing to a consistent revenue growth pattern supported by a substantial customer base.Ifenglian plans to further enhance its product offerings with new releases of smart home devices in the upcoming years. They are focusing on expanding their market presence beyond China into other regions, targeting specific international markets by 2025. The recent SERIES B funding of CNY 300 million will be utilized to support these initiatives, enabling the company to invest in research and development for new product innovations and expanding their distribution channels.

## Funding rounds

- Series B, Jun 3, 2016, $46M — China Science & Merchants Capital Management

## Investors

- China Science & Merchants Capital Management (https://capitalatlas.ai/funds/china-science-merchants-capital-management) — Series B