# NetQin Mobile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/netqin-mobile

- Industry: IT Security/Cybersecurity
- Headquarters: Beijing, China
- Website: www.netqin.com
- Total disclosed funding: $48M
- Latest round: Series C (Nov 12, 2010)
- Investors on record: 8

## About

NetQin Mobile, Inc. offers advanced mobile security solutions focused on protecting users' data across diverse devices, with a strong emphasis on antivirus software and performance optimization tools.Founded in 2005 in Beijing, China, NetQin Mobile, Inc. specializes in mobile security technology. The company completed its IPO in May 2011, raising approximately USD 90 mn by issuing 7.75 million shares at USD 11.5 each. CEO Pasi Nieminen leads the firm, which has facilitated 8 investment deals, with the most recent deal dated June 1, 2012, when Ceyuan Ventures divested its stake through a private placement. NetQin Mobile, Inc. specializes in providing robust mobile security solutions, primarily aimed at safeguarding user data across various devices. The company's core offerings include antivirus applications, mobile performance optimization tools, and privacy protection services designed to address critical use cases such as malware protection and data breach prevention. Their solutions utilize advanced technologies to protect users from cyber threats while ensuring a seamless mobile experience, targeting markets in North America, Europe, and Asia.In the most recent fiscal year, 2016, NetQin Mobile reported revenue of USD 343.05 mn and an EBITDA of USD -98.02 mn. Revenue generation is driven primarily through subscription-based models for their security software services, catering to individual users and businesses via direct-to-consumer sales and partnerships with retailers and mobile service providers.Looking ahead, NetQin Mobile, Inc. aims to expand its product line with new offerings set to launch in the coming years. Additionally, the company plans to penetrate further into markets in North America and Europe by 2015. The funds raised during their IPO will be utilized to support these expansion strategies and enhance product development, ensuring they remain competitive in the mobile security landscape.

## Funding rounds

- Series C, Nov 12, 2010, $14M — Hong Shan, Qualcomm, GSR Ventures, Ceyuan Ventures, CMC Capital, Pacific Growth Partners
- Series C, Apr 27, 2010, $17M — GSR Ventures, Ceyuan Ventures
- Series B, Dec 15, 2007, $13M — Hong Shan, GSR Ventures, Eight Roads Ventures, Ceyuan Ventures
- Series A, Jun 5, 2007, $3.3M — Hong Shan, GSR Ventures
- Angel, Aug 1, 2006, $1M — Gobi Partners

## Investors

- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Angel
- Hong Shan — Series A, Series B, Series C
- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A, Series B, Series C
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B
- Ceyuan Ventures (https://capitalatlas.ai/funds/ceyuan-ventures) — Series B, Series C
- Qualcomm — Series C
- CMC Capital — Series C
- Pacific Growth Partners (https://capitalatlas.ai/funds/pacific-growth-partners) — Series C