NewQuest joins $31m round for China video cloud player
Asia-dedicated secondaries investor NewQuest Capital Partners has participated in a RMB208 million ($31 million) Series C round for Bokecc.com, a China-based company that offers video cloud computing solutions.
Two domestic PE firms Jiawo Capital and Silk Road Huachuang Investment also took part in the round. Founded in 2005, Bokecc provides network video services to more than 18,000 Chinese companies across...
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