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Chinese Classified Ads Portal 58.com Raises $15 Million
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Beijing – 58.com, a classified ads portal in China, has raised $15 million in venture capital funding. New investor DCM, and previous backer Softbank Asia Infrastructure Fund participated in the round.
Beijing-based 58.com has branches in 321 cities, and reportedly became profitable in 2009.
Funding
Funding Total: $15,000,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| Seed | 04/2010 | $15,000,000 | – | – |
| Investors: DCM, Softbank Asia Infrastructure Fund Partners | ||||
Founders
- Posted in: Funding
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