# Motie

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

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.xirongroup.cn
- Total disclosed funding: $59M
- Latest round: Series C (Jul 4, 2017)
- Investors on record: 6

## About

Established in 2007 and based in Beijing, China, Motie operates as an online reading platform that mainly provides Chinese fiction and literature online reading for subscriber via website and mobile application. In July 2017, it raised CNY 300 million in series C funding from new investors BOC Yuecai Private Equity, CQY Capital, Five Bulls Fund, Ocean Fortune Glory Asset Management, and Zhongxinjuxin Capital Management.

The company mainly provides an online reading platform. Products include four categories, which includes book publishing, online literature, film and television entertainment, and animation products. Book publishing includes best-selling series and other well-known works, such as Ming Dynasty Stories and Grave Robbers' Chronicles. Animation business includes the planning of animation books, the development, production and investment of animation films and television. Users can read simultaneously on various new media such as computers, mobile phones, tablets, etc.

The company generates revenue by providing an online reading platform to provides book publishing, online literature, film and television entertainment, and animation products.

## Funding rounds

- Series C, Jul 4, 2017, $44M — Yuecai Zhongyin Private Equity, CQY Capital, Five Bulls Fund, CITIC Trust PE, Ocean Fortune Glory Asset Management
- Series B, Aug 1, 2010, $15M — CDH Investments

## Investors

- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series B
- Yuecai Zhongyin Private Equity (https://capitalatlas.ai/funds/yuecai-zhongyin-private-equity) — Series C
- CQY Capital (https://capitalatlas.ai/funds/cqy-capital) — Series C
- Five Bulls Fund — Series C
- CITIC Trust PE (https://capitalatlas.ai/funds/citic-trust-pe) — Series C
- Ocean Fortune Glory Asset Management (https://capitalatlas.ai/funds/ocean-fortune-glory-asset-management) — Series C