Chukong Technologies Raises $50M in Series D Funding

Funding Rounds

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

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Entertainment
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