About WPS Office
WPS Office is a company based in Palo Alto (United States) founded in 1988 by Qiu Bojun.. WPS Office has raised $50 million across 1 funding round from investors including GGV Capital, Shunwei Capital and 5Y Capital. WPS Office offers products and services including WPS Office, WPS AI, WPS Writer, and WPS Photos. WPS Office operates in a competitive market with competitors including Readdle, Alludo, Crocodoc and Binary Thumb, among others.
- Headquarter Palo Alto, United States
- Founders Qiu Bojun
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Kingsoft Office Software Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Private Equity Round
Nov 25, 2013
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Investors
GGV Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of WPS Office
WPS Office offers a comprehensive portfolio of products and services, including WPS Office, WPS AI, WPS Writer, and WPS Photos. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for word processing, spreadsheets, and presentations with AI features.
AI for spell checking, content generation, and document translation services.
Tool for creating and editing text documents with AI assistance.
Application for enhancing and editing images efficiently.
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Funding Insights of WPS Office
WPS Office has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $50 million completed in November 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $50.0M
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First Round
First Round
(25 Nov 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Private Equity Round - WPS Office | Valuation | GGV Capital , Shunwei Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WPS Office
WPS Office has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include GGV Capital, Shunwei Capital and 5Y Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Founded Year | Domain | Location | |
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A venture capital firm focused on technology and innovation investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WPS Office
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WPS Office
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wps Office Comparisons
Competitors of WPS Office
WPS Office operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Readdle, Alludo, Crocodoc and Binary Thumb, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Develops productivity apps to enhance user efficiency.
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| domain | founded_year | HQ Location |
Multiple task management platform is provided for operational efficiency.
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| domain | founded_year | HQ Location |
Web-based platform for document viewing and collaboration is provided.
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| domain | founded_year | HQ Location |
App for storing and organizing notes, photos, and collaborations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wps Office
Frequently Asked Questions about WPS Office
When was WPS Office founded?
WPS Office was founded in 1988 and raised its 1st funding round 25 years after it was founded.
Where is WPS Office located?
WPS Office is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of WPS Office?
Tao Zou is the current CEO of WPS Office.
Is WPS Office a funded company?
WPS Office is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $50M, raised on Nov 25, 2013.
What does WPS Office do?
Founded in 1988 and based in Palo Alto, United States, the company operates in the software sector, focusing on office productivity tools. An integrated suite is provided for creating, editing, and sharing documents, presentations, and spreadsheets across Windows, Android, iOS, and Mac platforms. PDF conversion capabilities are included for formats like Excel, Word, and PowerPoint. Document recovery from recycle bins is supported, alongside cloud storage for file management.
Who are the top competitors of WPS Office?
What products or services does WPS Office offer?
WPS Office offers WPS Office, WPS AI, WPS Writer, and WPS Photos.
Who are WPS Office's investors?
WPS Office has 3 investors. Key investors include GGV Capital, Shunwei Capital, and 5Y Capital.
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