Graphite Software raises $8 mln Series B led by Chinese VCs

Graphite Software has raised $8 million in a Series B financing. The oversubscribed round was led by investors from Beijing-based Zhongguancun Private Equity & Venture Capital Association. They were joined by Green Century Investment and Celtic House Venture Partners, which led the company’s $4.4 million Series A round in June 2013. Ottawa-based Graphite is the creator of Secure Spaces, an Android virtualization solution that enables user experiences while protecting privacy and security. The company, which recently opened an office in China, will use the funds raised to expand its team and accelerate growth in the mobile device market.

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