WestSummit has deep roots in high technology, particularly in the mobile industry, and our team is recognized in both the US and China for their executive leadership and strong operational credentials. This first-hand knowledge influences the firms strategy in the sector, said Raymond Yang, co-founder and managing director, WestSummit Capital.
Yangs experience in mobile technology began nearly 10 years ago when he led the turnaround of Linktone, which became Chinas leading wireless value added services provider at the time of its IPO on NASDAQ in 2004. Dr. Datong Chen co-founded Shanghai-based mobile technology platform Spreadtrum Communications, which completed an IPO on NASDAQ in 2007 and remains a core building block that enables the explosion of mobile devices in China and other emerging markets.
Yang added, We congratulate the INSIDE Secure team on a successful public offering. Our investment in the company, which is based in France and has a significant presence in China and the U.S., is a perfect example of our proven, global China investment strategy for growth stage technology companies. Union Optech, our newest investment, provides an opportunity for WestSummit to help take a Chinese company global as we expect that their leading optical lens modules should find strong demand in overseas markets.