# Wuhan Shiguang Buluo Network Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wuhan-shiguang-buluo-network-co

- Industry: Internet
- Headquarters: Wuhan, China
- Website: www.shiguangxiaowu.cn
- Latest round: Series B (Jul 30, 2018)
- Investors on record: 2

## About

Wuhan Shiguang Buluo Network Co., Ltd. specializes in digital services focused on user authentication and data backup solutions, enhancing security in the digital landscape for individual consumers across multiple regions.Founded in 2013 in Wuhan, China, Wuhan Shiguang Buluo Network Co., Ltd. provides user authentication and data backup services. The company has completed a total of three deals, with its most recent deal occurring on July 30, 2018. The founders include Li Cai and Watashi Yan, though the current CEO is not specified. The company has not undergone significant pivots or changes since its inception.Wuhan Shiguang Buluo Network Co., Ltd. offers a suite of digital services under the TimeHut brand, including SMS login and password login features for secure user authentication. Additionally, they provide a backup application that allows users to store photos and videos on computers, supporting both Mac and Windows platforms. Their services target individual consumers primarily in North America and Europe, addressing the need for enhanced security and reliable data management.The revenue model for TimeHut is based on direct-to-consumer transactions through a subscription-based approach. Customers subscribe to various plans that offer features like secure login and data backup. While specific pricing details have not been disclosed, the model is designed to meet diverse user needs, ensuring accessibility while delivering quality services.In July 2018, Wuhan Shiguang Buluo Network Co., Ltd. raised an undisclosed amount of Series B funding from new investor Challengers Capital and returning investor Wuhan East-Lake Venture, among others. This funding is intended to support the development of new products and services aimed at expanding their market reach. The company is actively targeting growth in additional geographic regions, with a focus on enhancing their digital offerings and securing new markets to increase their user base.

## Funding rounds

- Series B, Jul 30, 2018 — East Lake Ventures, Challenjers Venture
- Series A, Sep 20, 2017 — East Lake Ventures

## Investors

- East Lake Ventures (https://capitalatlas.ai/funds/east-lake-ventures) — Series A, Series B
- Challenjers Venture (https://capitalatlas.ai/funds/challenjers-venture) — Series B