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Jolla Secures extra investment to broaden and License Sailfish OS

srijita
Last updated: 2016/05/05 at 4:00 PM
By srijita 3 Min Read
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Jolla Secures Additional Funding to Develop and License Sailfish OS

Jolla, the Finnish cell company and developer of open mobile working machine Sailfish OS, introduced that it has secured $12 million (more or less Rs. 79 crores) in new financing to strengthen its OS licensing commercial enterprise, following its ultimate fund-increase in December 2015 .

Powered with the aid of its new investments, the startup stated it’s going to continue to expand its Sailfish OS, proceed with final the Jolla tablet venture, and enlarge its licensing partnerships. Jolla is likewise making ready a brand new special community program, to be able to be announced in the close to destiny. The startup stated it’s far recruiting new software builders to reinforce its product improvement for brand spanking new and upcoming projects.

In a declaration, Antti Saarnio, Chairman of the Board, Jolla stated that the funding is sufficient to run operations until the cease of 2016. “We are also within the planning segment for our in addition financing rounds. Now we are able to put all attention on in addition enhancing our foremost asset, Sailfish OS,” he stated.

Jolla said that its team has been operating carefully on Sailfish OS licensing tasks in 2016, and is ready to enter the Indian marketplace for the duration of the coming months.

In India, Jolla said it’s far in the very last levels of the project with Intex technology, and the Intex Aqua Fish cellphone, which became offered at mobile international Congress in Barcelona in advance this yr. Jolla is likewise operating with Turing Robotics Industries, to create a unbreakable, unhackable cellphone.

speakme on the Jolla pill, it will likely be able to fulfil a small number of tablet shipments to its crowdfunding backers, and has determined to refund all the last Jolla tablet contributions accomplished via Indiegogo.

The startup said it has shipped almost all available pills to clients, and is also intending with pace to fulfil the promised refunds to clients who did no longer get the tablet. All bills from spherical one are expected to be processed during April and can 2016, with the intention to close the first a part of the refund program.

The refunds might be split into two rounds due to financial constraints: spherical one will see half of the refund paid out now, and round will see the relaxation paid out inside a 12 months of round one – depending on its financial popularity, the company said.

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TAGGED: and, broaden, Extra, Investment, Jolla, License, OS, Sailfish, Secures, to
srijita May 5, 2016
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