SingTel Innov8, the corporate venture fund of Singapore Telecommunications limited, has led the $1m Series A round of funding for media platform company QVIVO, which allows users to sync their entire personal media collection through one app.The Hong Kong-based company will use the funding to expand its infrastructure.
The $150m Innov8 fund was set up in 2010 and invests in technologies and solutions to create future growth in areas in which the SingTel group operates in.