Comment on Router Maker HiWiFi Received Tens of Million Dollars In Series A Funding by Smart Router HiWiFi Introduces Investment from Chipset Solution Provider MTK to Tap into Smart Home and Wearables | TechNode

['Emma Lee', 'More Emma Lee', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2013-09-25 00:00:00

HiWiFi, a router maker, reportedly secured tens of millions of dollars in Series A financing (report in Chinese). The company did not disclose the investors, but it is rumored that the investors are US companies and have close relationship with Google. (Update: Investors are Innovation Works and GGV Capital, according to the spokesman of Innovation Works)Founded in 2012, HiWiFi is a smart router with operating systems, enabling users to install apps on the product. The battle for router business is taking form among Chinese Internet companies this year, since smart routers is an important household Internet access. Qihoo 360, Baidu, Nutshell, Diting Technology all released products to tap the market.