GSR, Oak lead $30m Series B round for SunSun Lighting
China-based LED manufacturer SunSun Lighting has raised $30 million in Series B financing from GSR Ventures and Oak Investment Partners in addition to commitments from its original angel investors. The investment comes nearly a year after SunSun secured $10 million from GSR in a Series A round.
Allan Kwan, a China-based advisor for Oak, is joining the board of SunSun. Sunny Wu, co-founder and managing director of GSR, is already a member. GSR first incubated the company in 2010, largely based...
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