Tudou.com Raises $50 Million
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Tudou.com, a top Chinese online web video sharing platform raised $50 million in Series E funding. Temasek Holdings, a Singapore-based VC firm led the round with a $35 million investment, and was joined by return backers IDG Technology Venture Investment, Granite Global Ventures, General Catalyst Partners, Capital today, Jafco Asia, KTB Ventures and JAIC.
Tudou’s aim is expanding its main advertising supported web platform and developing mobile device video technology as key future growth drivers.
Funding Total: $50,000,000
|Round||Date||Amount||Pre Amount||Post Amount|
|Investors: Temasek Holdings, IDG Ventures, Granite Ventures, General Catalyst Partners, Capital Today, JAFCO Ventures, KTB Ventures, JAIC|