Baidu has backed a series B round of undisclosed size for wifi service provider Exands, which now plans to expand internationally.
China-based wifi service provider Exands raised an undisclosed amount in series B funding yesterday from a consortium featuring internet company Baidu.
The round was led by Hangzhou Evershine Capital and also featured ZEVC Management, a participant in Exands’ undisclosed series A round.
Founded in 2010, Exands operates a wifi service platform businesses can use to offer internet access to their consumers in-store. Users authenticate and access the wireless networks through text messages.
Exands’ clients include President Coffee, which operates local…
