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Jolla Secures additional investment to broaden and License Sailfish OS

Jolla Secures Additional Funding to Develop and License Sailfish OS

HIGHLIGHTS
With the new investment, it will also near the Jolla pill assignment.
Jolla is set to go into the Indian marketplace throughout the coming months.
Jolla stated the investment is sufficient to run operations until the cease of 2016.
Jolla, the Finnish mobile enterprise and developer of open cell working machine Sailfish OS, introducedthat it has secured $12 million (roughly Rs. seventy nine crores) in new financing to strengthen its OS licensing business, following its last fund-raise in December 2015 .

Powered via its new investments, the startup said it will continue to expand its Sailfish OS, continue withultimate the Jolla pill assignment, and amplify its licensing partnerships. Jolla is also making ready a newspecial community application, with a purpose to be introduced inside the close to future. The startupsaid it’s far recruiting new software program builders to reinforce its product improvement for brand newand upcoming initiatives.

In a statement, Antti Saarnio, Chairman of the Board, Jolla said that the investment is sufficient to run operations until the cease of 2016. “We are also in the making plans segment for our in additionfinancing rounds. Now we are able to positioned all focus on further improving our important asset, Sailfish OS,” he stated.

Jolla stated that its crew has been operating rigorously on Sailfish OS licensing projects in 2016, and is set to go into the Indian market throughout the approaching months.

In India, Jolla said it’s miles within the very last phases of the assignment with Intex technology, and the Intex Aqua Fish smartphone, which became provided at cellular international Congress in Barcelona in advance this year. Jolla is also running with Turing Robotics Industries, to create a unbreakable, unhackable cellphone.

speakme at the Jolla tablet, it’ll be capable of fulfil a small range of pill shipments to its crowdfunding backers, and has decided to refund all the closing Jolla tablet contributions accomplished thru Indiegogo.

The startup stated it has shipped nearly all to be had capsules to clients, and is likewise proceeding withvelocity to fulfil the promised refunds to clients who did now not get the pill. All bills from spherical one arepredicted to be processed throughout April and may 2016, for you to near the first a part of the refundsoftware.

The refunds might be split into rounds due to economic constraints: spherical one will see 1/2 of the refund paid out now, and round two will see the relaxation paid out inside a yr of round one – relying on itsfinancial reputation, the employer said.

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Tags: India, Intex, Jolla, Jolla pill, Mobiles, Sailfish OS, Turing technologies