Baidu, Hillhouse Capital, and GGV Capital have invested a total of $57 million in Chinese travel site Qunar, according to a report by First Financial Daily (link via Google Translate). The news comes as Qunar weathers a boycott by third-party service providers triggered by a change in its operational and pricing policies. South China Morning Post writer Doug Young speculates that Qunar might have… → Read More
Houzz is one of those Silicon Valley startups you don’t hear all that much about, but the company is quickly disrupting the $300 billion home remodeling market by providing home owners with inspiration for their projects and connecting them with the designers, architects and contractors who can turn their ideas into reality. Today, Houzz announced that it has raised a $35 million Series C round… → Read More
GGV — backers of tech giants like Alibaba, Buddy Media, Pandora, Square and Tudou — is gearing up for another big rush of investment activity: today the firm is announcing the closing of a significant new fund, its fourth, totaling $625 million, which it will use for expansion-stage investments in tech companies in both the U.S. and China. There were hints of this fund coming a few days ago… → Read More
Cloud solution provider Appirio this morning announced it will be expanding internationally to more adequately serve its customers in the European and Asia Pacific markets.
The expansion, which the company says will be through a combination of organic and inorganic growth, is being funded by a strategic investment from two existing investors: VC firm GGV Capital and partner Salesforce.com. → Read More
Remember when Pandora was on its deathbed? Yeah, those days are long gone. The service has just raised yet another round of funding, we’ve confirmed. The round was led GGV Capital and participated in by Allen & Company, They’re not disclosing the amount raised, but you can bet it’s fairly substantial considering that their last round in July of last year was $35 million. Up until now, Pandora… → Read More
Austin, TX
Seattle, WA
San Diego, CA
Menlo Park, CA
San Francisco, CA
Berlin, Germany
