Lei Jun, chairman and CEO of Chinese smartphone maker Xiaomi announced today that the company has completed a US$ 216 million Series C round of financing last week, the new funding valued the company at US$ 4 billion. Investors were not disclosed due to non-disclosure agreement.

Xiaomi Funding Records

Series A   late 2010   $41M  MorningSide, Qiming Ventures, IDG

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Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.