Matrix Partners
Vertex leads $30m round for Chinese e-commerce site Metao
Vertex Ventures has led a $30 million round of funding for Metao, a Chinese cross-border e-commerce platform, with participation from Morningside Technologies, Greenwoods Investment and Matrix Partners.
VC-backed Chinese dating app Momo files for US IPO
Momo, a Chinese location-based social-networking app best known for its “flirting” function, has filed for a US IPO. Backers include Alibaba Group, Matrix Partners, Yunfeng Capital and Sequoia Capital.
Matrix, SIG commit $20m to Tencent-backed laundry app
Matrix partners and SIG have committed $20 million in a Series A round of funding for Edaixi, a mobile laundry service app owned by Beijing-based laundry franchise Rongchain.
India taxi-booking app gets $210m round led by SoftBank
India taxi-booking app Ola has raised $210 million in a Series D round of funding led by SoftBank. Existing investors Tiger Global, Matrix Partners India and Steadview Capital also participated.
Matrix India backs recruitment service GrownOut
Matrix Partners India has provided a first institutional round of funding for GrownOut, an online platform that helps companies identify potential recruits on the basis of referrals sourced via employees’ professional networks.
Matrix India backs online food-ordering platform LimeTray
Matrix Partners India has provided a Series A round of funding for Alchemy Web Private, operator of online food-ordering platform LimeTray. The size of the commitment was not disclosed.
Matrix invests in India's Red Monster
Matrix Partners India has invested an undisclosed sum in mobile game developer Red Monster Games.
India local-language media start-up gets $16m from VCs
Sequoia Capital has led a INR1 billion ($16.4 million) round of funding for Verse Innovation, owner and operator of India-based local-language mobile platform NewsHunt.
Xiaomi, Shunwei lead $37m round for China P2P lending site Jimubox
Chinese smart phone maker Xiaomi and Shunwei Capital Partners, both founded by Chinese angel investor Lei Jun, have jointly led a $37.2 million Series B round of funding for Jimubox, a peer-to-peer (P2P) lending start-up in China.
SAIF Partners leads $38m round for Chinese video site Aipai
SAIF Partners has led a $38 million Series C round of funding for Chinese video-sharing platform Aipai, with participation from Matrix Partners.
VC-backed Cheetah Mobile re-ups in China's Moxiu Technology
Cheetah Mobile, a mobile internet security firm backed by Matrix Partners and Tencent Holdings, has bought an additional 22% stake in Moxiu Technology for RMB20 million ($3.2 million).
Founders Fund, Shasta Ventures back Australia's Canva
Founders Fund and Shasta Ventures have led a $3.6 million round of funding for Canva, an Australian website that allows amateur designers to create polished web graphics using drag-and-drop tools.
Chinese education site Yuantiku raises $15m
Yuantiku, a Chinese online education platform, has raised $15 million in a Series C round of funding from existing investors IDG Capital Partners and Matrix Partners.
Sohu’s Changyou invested in VC-backed MoboTap for $91m
Changyou.com, an online gaming division of Chinese internet company Sohu, has agreed to acquire a 51% stake in MoboTap, a mobile browser developer backed by several VC investors, for $91 million.
Nice targets selfies with style
The world has seen plenty of selfies. From dining tables to football matches, there is always someone, arm outstretched and phone in hand, keen to capture a photo of themselves for posterity. It was only a matter of time before mobile apps enabling people...
Steadview, Sequoia lead $41m round for India’s Olacabs
Indian online taxi-booking and car rental platform Olacabs has raised INR2.5 billion ($41.8 million) through a Series C round of funding led by Sequoia Capital and Hong Kong-based hedge fund Steadview Capital.
Chinese image-sharing app Nice raises $20m
Nice, a Chinese brand-tagging social mobile app, has secured $20 million in a Series B round of financing led by H Capital, with participation from VY Capital, Matrix Partners and Morningside Technologies.
Greenwoods leads $20m in China parenting site
Greenwoods Asset Management has led a $20 million Series B round of funding for lmbang.com, a Chinese parenting app focused on female community.
Haitong Capital leads $32m round for Chinese finance portal
Haitong Capital, a private equity arm of Haitong Securities, has led a $200 million ($32 million) round of funding for 91Jinrong, a Chinese financial portal.
China menstruation-tracking app Meet You raises $35m
SIG Asia Investment has led a $35 million Series C round of funding for Meet You, a Chinese menstrual health mobile app, with participation from Matrix Partners and China Renaissance K2 Ventures.
VC-backed Cheetah Mobile buys HK mobile advertising firm
Cheetah Mobile, the US-listed internet security software backed by Matrix Partners and Tencent Holdings, has acquired mobile advertising firm HongKong Zoom Interactive Network Marketing Technology in a deal worth around $30 million.
Matrix India backs Chumbak Design
Matrix Partners India has made an investment in Chumbak Design, a Bangalore-based design-led consumer products company that makes tech accessories, bags and wallets and souvenirs.
Chinese digital marketing platform AdSame raises $30m
AdSame, a Shanghai-based digital marketing firm, has secured a $30 million Series C round of funding led by Taiwan-based Pacific Venture Partners and Dream Capital Group.
Matrix makes partial exit form India's Tree House
Matrix India has exited a portion of its holding in school management firm Tree House Education and Accessories, selling 4.84% stake in the company to local conglomerate Bajaj Holdings & Investment for INR504 million ($8.4 million).