# UCWeb

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

- Industry: Telecoms
- Headquarters: Guangzhou, China
- Website: www.ucweb.com
- Total disclosed funding: $32M
- Latest round: Series C (Mar 30, 2010)
- Investors on record: 5

## About

UCWeb is a mobile technology company that specializes in web browsing solutions, providing users with fast, secure, and private internet access through its innovative UC Browser.Founded in 2004, UCWeb operates from its headquarters in Guangzhou, China. The company has focused on evolving its product offerings to enhance user experience without any noted pivots. UCWeb has been a part of 9 distinct funding deals with its latest round occurring on February 22, 2021, where it secured RMB 500 mn from Alibaba Group, bringing the total amount raised to RMB 500 mn. The CEO of UCWeb is Yongfu Yu.UC Browser is a leading mobile web browser designed to deliver a fast, secure, and private browsing experience. Its core offerings include built-in VPN protection, ad-blocking features, and advanced video playback capabilities, enhancing user experience with seamless access to online content. The browser automatically detects online videos for one-click downloads and supports high-resolution playback, catering to efficient media consumption. Additionally, UC Browser provides 20GB of free cloud storage for data backup and advanced translation models for multilingual web navigation. It primarily serves a diverse global customer base, with significant market penetration in India and Indonesia, capturing over 30% market share, positioning it among the top three mobile browsers worldwide.Revenue for UC Browser is generated through a combination of direct-to-consumer transactions and partnerships. The company’s flagship offerings, such as the advertising-free browsing experience and enhanced video capabilities, contribute to premium service uptake among users. The free cloud storage service and integrated features promote deeper user engagement with the platform, fostering loyalty. Partnerships with content providers and advertisers further enhance revenue streams, creating collaborative opportunities that benefit both UCWeb and its clients. Specific pricing plans for premium features are not disclosed, but the browser's design prioritizes user engagement through intuitive functionality and robust service offerings tailored to its extensive user base.In February 2021, UCWeb raised RMB 500 mn from Alibaba Group, which will be utilized to support upcoming product launches and market expansion efforts. The company is focusing on developing new features for UC Browser to enhance user experience and plans to enter additional markets, specifically targeting regions in Southeast Asia by the end of 2023. These initiatives aim to strengthen UCWeb's position in the competitive mobile browsing landscape.

## Funding rounds

- Series C, Mar 30, 2010, $10M — NGP Capital, Jiyuan Capital
- Series B, Jun 4, 2009, $12M — Ceyuan Ventures, 5Y Capital, Alibaba Group
- Series A, Aug 1, 2007, $10M — Ceyuan Ventures, 5Y Capital

## Investors

- Ceyuan Ventures (https://capitalatlas.ai/funds/ceyuan-ventures) — Series A, Series B
- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Series A, Series B
- Alibaba Group — Series B
- NGP Capital (https://capitalatlas.ai/funds/ngp-capital) — Series C
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series C