Tuesday, October 9, 2007

Chinese social networking site Wangyou Media (www.wangyou.com) has raised a US$6.12 Series B round of funding

Chinese social networking site Wangyou Media (www.wangyou.com) has raised a US$6.12 Series B round of funding, reports ChinaVenture.com.cn. Previous Wangyou investor Charles River Ventures participated in the round, as well as new investors Transcosmos Investments & Business Development, ADS Global Partners (Tokyo) and Oxsino Venture Ltd, said the report. Charles River Ventures invested in Wangyou in March 2006.
More at:www.wangyou.com

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