Established in 1999, Redpoint is a leading ventures capital firm from Silicon Valley. It started its local office in China in 2005 and first China fund in 2016, the latter of which is managed independently by China team. So far, the total assets managed globally by Redpoint has increased to over USD 6 billion, the assets managed independently by Redpoint China team has reached USD 1 billion. Redpoint China team has invested over 60 domestic consumer internet and enterprise IT companies, including Qihu360, YiXia, idreamsky, Domob, Miaozhen Systems, APUS, Bangcle, QTT etc.