Chengwei Capital, SIG and Qiming Venture Partners led a $100m series B funding round in APUS Group.

Chengwei Capital, SIG and Qiming Venture Partners led a $100m series B funding round in APUS Group, a Beijing-based Android application development company, with participation from Redpoint Ventures and Northern Light Venture Capital. "Between the initial formation of APUS Group and its first round of funding, the investment community's belief and support in the APUS team continues to inspire us to double, triple and quadruple our efforts. The company's strong team is its most valuable asset -- they were able to create products that together serve as the smallest, fastest and simplest user systems for Android in just a few short months that brought an entirely new experience to Android users," Tao Li, APUS Group founder and CEO.