Hong Kong File Sharing Social Network ‘Hive.im,’ That Offers Unlimited Cloud Storage, Raises a US $500,000 Seed Round

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Cloud storage startup Hive.im, creators of the first social network for file sharing, has raised a seed round of US $500,000. The funding news also signifies the Hong Kong startup’s move out of beta and they’ll be using the capital to build out their product and their San Francisco-based team.

Hong Kong startup support and investment platform Bigcolors headed up the deal, with German cloud-based DDoS-mitigation service provider Link11 GmbH also contributing to the round. Co-founder and CEO Thierry Lehartel said in a release that Bigcolors and Link11 GmbH are perfect strategic partners as they’re not only able to support the backend of the Hive social network, but can also help speed up global expansion plans.

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Christmas Gift Ideas From 10 Hong Kong Hardware Startups

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Struggling to pick up the right gift for that tech-savvy friend that has it all? Instead of hitting the shops, fending off relentless crowds and haggling for the lowest price – why not support a Hong Kong startup?

Our startups have poured their blood, sweat and tears in crafting innovative and useful products for you and the people in your life. Whether its an accessory for your smartphone or an energy-saving device for the home – these 10 Hong Kong hardware startups have you covered.

While some products are ready to be ordered in a few clicks, some are still on pre-order and require a bit of patience. So we’ve compiled a list of startups that have gifts ready in-time for Christmas, and those that will be shipping out somewhere after the new year.
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Hong Kong Crowdfunding Platform ‘LIKEfunding’ Converts Facebook ‘Likes’ to Cash For Charities and Creative Projects

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Whether used by your average netizen to spread local news or by foreign brands who want to engage with customers in China, social networks are the ultimate outreach tool. And what about the power of crowdfunding? Platforms such as Kickstarter and Indiegogo have now gone mainstream, helping turn the zaniest and most innovative ideas into products you see on store shelves today.

One Hong Kong startup LIKEfunding wants to harness those two powers to help charities, social enterprises and creative projects – and they’ve created a fundraising tool that raises cash via Facebook ‘Likes.’

How does it work? LIKEfunding does matchmaking between charitable and creative projects with like-minded sponsors, and the two collaborate to create a campaign. While a Kickstarter project might set a fundraising goal of ‘x’ number of dollars, a LIKEfunding campaign sets goals of ‘x’ number of Facebook ‘Likes’. Every ‘Like’ is converted into $2 which is paid out by the sponsor.

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