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InfoBird Eyes Stock Market in 2-3 Yrs
Beijing-based software as a service (SaaS) and cloud computing company InfoBird is planning to list in two or three years, after at least two rounds of financing, Finance Weekly reported November 2 citing company founder Wu Yimin. According to Wu, InfoBird's Qitongbao (Hosted Call Center) service employs close to 10,000 operators for more than 1,000 clients, and contributes around a third of the company's revenue.
InfoBird secured first round funding of approximately $10 million from AGPF-I at the beginning of 2008, according to the report. In July last year, reports said InfoBird planned to list on Nasdaq in September 2009.
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