APAC Startup Funding Landscape in 2015: Report

The Asia-Pacific region has witnessed a burgeoning startup ecosystem in recent years. A survey conducted by angel investor Arnaud Bonzom shed more light on the APAC startup landscape, giving more detail on investments received in the region.

APAC startups have captured a combined US$9.4 billion in venture capital funding across a total of 436 investments, according to Arnaud’s report, which is based on data and insights collected by Starintx from a wide range of sources, including public and private companies, media and government agencies. Thirty VC funds in the region closed a total US$4.44 billion investments with the largest single deal standing at US$910 million.

The report summed up five key trends in the venture capital landscape so far this year:

  • e-commerce and marketplaces captured 53 per cent of the investments by value
  • Out of the eleven biggest funds launched, four were set up by a corporation
  • Nine out of the ten biggest deals were done in China
  • 67 per cent more deals have been done in India than in China
  • The ten most active VCs have closed 29 per cent of the deals

As the largest economic entity in the region, China accounts for nine out of the ten biggest deals. Dianping, China’s leading local …read more


Cloud Service UCloud Bags Landmark Series C Funding for Data Center Construction

Chinese cloud service provider UCloud announced today that it has landed nearly US$100 million of Series C financing led by Legend Capital with the participation of VMS Legend Investment Fund, DCM, Bertelsmann and GX Capital.

This is largest capital injection in China’s IaaS (Infrastructure as a Service) sector so far. The company had previously received Series A financing in 2013 and a US$50 million B Round in June 2014.

UCloud disclosed this funding will be used in software development, big data and recruitment. A recruitment drive headed by company CEO Ji Xin is on its way to the U.S. for leading talent, the firm added.

Founded in 2012 by former Tencent execs, UCloud specializes in game hosting and related cloud services. It now serves some of the top revenue generating games in China, as well as clients in various industries of e-commerce, mobile internet, SaaS, among others.

With data centers in the U.S. and Hong Kong, UCloud helps Chinese clients support their overseas operations in North America and Southeast Asia. UCloud has entered into partnership with NTT Com Asia to upgrade its Asia-Pacific data center.

The funding will boost the company’s expansion into further areas of business. …read more


Report: Uncharted: The Remastered Trilogy Listed for PS4 – IGN News

A Swedish retailer called CeDe has listed Uncharted: The Remastered Trilogy for PS4.

Update: Commenters on Reddit have discovered that the box art used in the rumored Uncharted listing is fan made. While it’s not uncommon for early listings to use unofficial placeholder art, this does make the rumor feel less believable. We’ll keep you updated when we hear more. …read more


RPG Reload File 033 – ‘Across Age DX’

Hello, gentle readers, and welcome to the RPG Reload, the weekly feature where we often learn a thing or two about cultural differences. Each week, we head back in time through non-magical means and play an RPG from the App Store’s past. It’s a chance to revisit some old favorites, reflect on their place in the history of mobile gaming, or just to take a deeper dive than our reviews typically allow. In my efforts to cover a genre wide enough to contain both Wizardry and Yakuza, I try to put together a pretty varied bag of RPGs as I go along. Even the best of us has blind spots, however, and I’m far from the best. That’s where you fine people come in. Once per month, I throw the choice over to you. Simply comment below, post in the Official RPG Reload Club thread, or tweet me at @RPGReload with your suggestion, and you might see me playing it in the first week of May. Just think, you could make me play almost anything! Even Shelterra The Skyworld [$3.99]! Please don’t make me play Shelterra The Skyworld again.

It’s been a few months since we covered an …read more





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‘CastleStorm: Free to Siege’ Gets Updated with PVP Multiplayer Mode

Zen Studios may be best known for their Zen Pinball [Free] tables, but that’s not all they do. They released CastleStorm: Free to Siege [Free] last year, combining physics puzzler gameplay with strategy elements. Well, Zen Studios has decided to update the game to include PVP multiplayer. You’ll be choosing one of four factions to fight for, choosing one of four regions to fight in (with different bonuses), fortifying your defenses, and then going after different online opponents to try and take them down. It seems to add a raiding-strategy component to a game that’s perfect for it, since CastleStorm has always been about building castles and attacking others’ castles.

While the console CastleStorm had multiplayer, this is definitely sounding like a bit more evolved game from a structural standpoint, though it’s not sounding like it’s real-time like the console multiplayer was. Usually it gets harped on if it’s real-time by developers who make real-time multiplayer games. But with mobile devices, real-time multiplayer is often inconvenient, and it’s easier to provide the multiplayer structure while providing computerized opponents based on other players. If you’re ready to pick this one back up, might be time to dig up the <a target="_blank" rel="nofollow" …read more