Eedoo is now negotiating its 3rd round of financing. The company's CEO said that next year the company's total investment in the iSec project will reach 100M yuan ($15M).
Update: PC World: Eedoo has pushed back its launch date again to some time later in 2012, said Eedoo spokesman Victor Wang on Monday. A source close to the situation however said on condition of anonymity that the launch of the product may be delayed further as the product was not found to be robust enough.