Gaming Publisher Yodo1 Secures $11 Million of Series B Financing Led by GGV Capital

Beijing-based gaming publisher Yodo1 raised $11 million of Series B funding led by GGV Capital, along with Pavillion Capital, Iris Capital, and SingTel Innov8. The company announced $5 million funding this April from SingTel Innov8, the corporate venture arm of a mobile carrier.

The funding will be used to strengthen core business and support expansion to Japanese and Korean markets. They have just opened up a local studio in Seoul.

Backed by a full blown team of 125+, Yodo1 offers cross-border strategies for both Chinese and foreign gaming developers by getting access to code base of a western game and modify the graphics, virtual items and music for local Chinese tastes, or vice versa.

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