Chukong Technologies Raises $50M in Series D Funding
Summary
Chukong Technologies, a Beijing, China-based mobile entertainment company, raised $50m in Series D funding.The round, which brought the total funding raised to date to $83m, was led by New Horizon Capital, with participation from existing investors GGV Capital, Sequoia Capital, Steamboat Ventures and Northern Light.The company intends to use the funds to expand publishing and game engine development, R&D and marketing expense for a mobile entertainment platform.Led by Haozhi Chen, CEO, Chukong Technologies is a game developer, international publishing partner and gaming community manager under the Coco and CocoaChina brands.Chukong has additional operations in Tokyo, Seoul, Taipei, and Menlo Park, California.
Funding
Amount
$50.0M
Total raised
Date
October 18, 2013
Announcement date
Investors
Steamboat Ventures, CocoaChina/Chukong, New Horizon Capital
Lead investors
Company
http://www.chukong-inc.com
Funded company
Classifications
industries
Entertainment
applications
Accounting and Taxes
AskAI Classifications
Labels
No AI classifications detected