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Multimedia software maker Arcsoft raises $20M to build mobile and cloud apps

Arcsoft is best known for bundling its software with new desktops and laptops from computer manufacturers like HP and Dell, and it has expanded its reach to phones, digital cameras, scanners and printers. Its mobile hardware partners include Nokia, Samsung, LG and Motorola, however Deng declined to say which specific devices from those OEMs had Arcsoft technologies inside.

The company does not have any consumer-facing mobile apps at this stage, nevertheless the new funding will help the it produce iOS and Android apps. “We’ve been focused on the OEMs for a long time, yet we see this as an area worth dedicating resources toward,” Deng said.

More information: Venturebeat
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    Arcsoft Raises $20m