Intel Capital, the corporate venturing subsidiary of chipmaker Intel, has invested an eight-figure dollar sum in China-based cloud communications company Gotye, Technode reported on Monday.
Gotye provides free application programming interface and software development kits for the development of mobile apps.
Although a firm figure has not been released, Gotye has claimed it represents the largest round ever raised by a China-based cloud communications company.
The series A funding will be used to support the application of Gotye’s communication services to the hardware industry, and to enhance it using the latest cloud communication technology.