DCM closes second Android fund at $100m
DCM has raised $100 million for its second Android-focused fund, which will target start-ups building apps for Google’s mobile operating system.
The vehicle, A-Fund II, received commitments from existing LPs including Tencent Holdings, Gree and Naver, as well as new investors such as Baidu, Softbank Group, and Qualcomm. The first $100 million...
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