Toodou.com just closed its second round of funding. Granite, Jafco Asia and IDG will invest a total of 8.5 million USD in the company. We are of course very happy with this investment, that allows the company to keep on growing fast!
The Chinese press release can be found here, an English release will be issued tonight.
I am a Dutch entrepreneur in Shanghai who has lived and worked over 12 years in China. Co-founder of among others Tudou.com and unitedstyles.com, advisor to Spil Games for which I set up and led the Asian operation (2006-2011), and angel investor in Chinese Internet and tech start-ups. Married to Grace, with whom I have a son (Scott) and a daughter (Elaine). These are my personal views and do not necessarily represent the companies I am involved with. You can reach me at marcvanderchijs (at) gmail (dot) com
No Responses to “Toodou.com raises 8.5 million USD”
He, that’s good to to hear. Congratulations! We’ll be the next:)
congrats Marc and your team with this funding. Hope Toodou will grow bigger and keeps on being innovative.
cheers,
David
Great Marc and Gary! Here comes http://www.toodou-not-only-in-china.com
Good luck,
Bas
Thanks for the congratulations!
@Jan: good luck with getting funding, and we’ll see each other at your company party in 2 weeks.
@Bas: Don’t count on Toodou moving internationally, the Chinese market is big enough for us.
Dear Marc, Really happy for you and your partners. I am sure you will be looking for more funding soon considering the speed your business is growing. Congratulations again, Carlo Crosetto from Beijing
Very cool design! Useful information. Go on!
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