# Witown

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

- Industry: Telecoms
- Headquarters: Hangzhou, China
- Website: www.witown.cn
- Latest round: Angel (May 1, 2014)
- Investors on record: 1

## About

Witown provides digital solutions that enhance online presence and user engagement for businesses. Their services include web hosting and development, primarily targeting small to medium-sized enterprises in North America and Europe.Founded in 2012 and headquartered in Hangzhou, China, Witown specializes in digital solutions for enhancing online engagement. The company raised CNY 200 million in a Series B financing round on June 12, 2016, led by Shenzhen Liantronics Co., Ltd. Jie Lai serves as the CEO and founder, bringing experience from his past ventures.Witown.com specializes in providing innovative digital solutions aimed at enhancing online presence and user engagement for businesses across various sectors. Their core offerings include a robust web hosting service designed to ensure reliable website performance, alongside web development services that cater to both custom and scalable solutions for businesses seeking to establish or upgrade their online platforms. The company positions itself to serve small to medium-sized enterprises (SMEs) and startups primarily in the North American and European markets. Witown.com’s services are tailored to solve common challenges such as website downtime, slow loading speeds, and inefficient user experiences, ultimately empowering clients to reach their target audiences more effectively.The company's revenue model is predominantly centered around subscription-based services, where clients can choose from various pricing tiers based on their specific needs and the level of service required. For instance, businesses may engage with witown.com through annual or monthly subscription plans for web hosting and development services, fostering a continuous revenue stream. The structure of these transactions typically involves direct-to-consumer relationships, allowing clients to access essential tools and resources to manage their online presence efficiently. Additionally, partnerships with other digital service providers may enhance their offerings, yet the specific terms or revenue implications of such partnerships are not publicly disclosed.Witown plans to leverage the recent funding to develop new products and enhance existing services. The company is targeting expansion into additional markets in Europe and North America, with initiatives expected to launch by the end of 2023. The CNY 200 million raised in June 2016 will support these growth strategies, including the development of advanced web solutions and marketing efforts to increase their client base.

## Funding rounds

- Angel, May 1, 2014 — In Capital

## Investors

- In Capital — Angel