Weimob, a WeChat-based CRM solution provider, announced 30 million (around US$4.8 million) of Series A financing from Meridian Capital China at a market valuation of 300 million yuan. The company has received millions yuan of angel investment last year.

Sun Taoyong, founder of Wemob, disclosed the new funding will be used in recruitment and development of products focused on different verticals like catering, food delivery, hairdressing and beauty.

Launched in April 2013, Weimob is a SAAS platform that primarily provides enterprises with WeChat-based development, operation, training, and promotional solutions, helping businesses that do not have software development experiences to build m-commerce platforms on WeChat at lower costs. Wemob also provides SCRM and traffic analytic tools, allowing clients to optimize promotion procedure and improve marketing performance.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.