Youtube Founders-backed BaaS Provider AVOS Cloud Announces Series A Funding

AVOS Cloud, a mobile backend as a service (BaaS) provider, announced today Series A funding from IDG Capital Partners. The China-based team declined to disclose the financial terms of the deal.

More than 10,000 developers or businesses have adopted AVOS Cloud services since its launch in September 2013, according to the company.

Its seed funding was provided by AVOS Systems, parent company of AVOS Cloud.

Two Youtube founders, Steve Chen and Chad Hurley, established AVOS Systems in 2011. Jiang Hong, current lead of AVOS Cloud and former Googler, and his startup team joined AVOS Systems in October 2011. Mr. Jiang has served as general manager of AVOS China.

The Chinese team had developed several products, including the Chinese version of Delicio.us and Wanpai, a Vine-like video sharing app, before deciding to focus on AVOS Cloud, which offers backend tools and resources for mobile app development.

IDG Capital Partners is a believer in the potential of China’s enterprise software market. IDG has invested in Salesforce-like service Facishare and team collaboration app Teambition in China. Commenting on the funding in AVOS Cloud, Niu Kuiguang, vice president at IDG Capital Partners, said they believed BaaS would be in strong demand among Chinese mobile apps which have reached 700,000.