Chinese mobile game developer Chukong Inc. announced a series D round of $50 million, led by New Horizon Capital, a China-focused private equity fund. The round is joined by Northern Light VC (the first investor of Chukong’s), Steamboat Ventures, Sequoia Capital and GGV.
Before this round the company had raised $32 million in funding. Half a year ago, in the past April, the company closed series A round of funding from investors including GGV.
Earlier this year Chen Haozhi, founder of Chukong, said the company would possibly launch IPO in the U.S. sometime in this year.
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.
Monthly Membership
Yearly Membership
What you get
Full access to all premium content and our full archives
Members'-only newsletters
Preferential access and discounts to all TechNode events
Direct access to the TechNode newsroom
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.