Voice call app Inbilin announced yesterday that it has secured US$15 million of Series A funding from Qiming Venture Partners and Morningside Ventures. The funding will be injected in team construction and upgrading of servers, according to the company.
Launched in May 2013, Inbilin is a social networking voice call app that enables users to call strangers. Users can either call the person they interested in or chat with anyone they are paired with randomly.
With synchronous voice connection, the interactions between speakers seem more direct and more genuine. Maybe that’s why the users of Inbilin are mostly young people who are willing to meet new friends and open themselves to the outside world. According to the company’s CEO Liu Jinlong, 70% of the users are young people born in post-90s and users aged between 18 to 22 account for 65% of the total.
The company also disclosed that they planned to release a 3.0 version of the app in the near future. In addition to adjustments in UI, the new version also added a new feature which allows users to set the topics they want to talk about so as to facilitate the search for new friends with common interests.
The company now claimed more than 20 million registered users with around 200k daily active users. The users are mainly distributed in Beijing, Guangzhou, Hangzhou, Wuhan, etc.
image credit: Inbilin