DCM closes China VC Fund at $330m
Technology-focused venture capital firm DCM has closed its latest China-focused fund - DCM Ventures China Fund (DCM VII) - at $330 million, above the initial target of $250 million.
The fund, which was launched in July, will invest in the technology, media and telecom (TMT) industry, including internet, mobile, cloud computing, and consumer-related start-ups. The US dollar-denominated...
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