Saturday, November 24, 2007

Redbaby Got $25 million in new VC funding

VCS Funding:

Redbaby Information Technology Co. Ltd., an ecommerce company focused on baby products for the China market, reportedly has raised $25 million in new VC funding.



Kleiner Perkins Caufield & Byers led the deal, and was joined by return backers NEA and Northern Light Venture Capital It plans to go public next year on an overseas exchange. www.redbaby.com.cn.

More at:www.redbaby.com.cn

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