China’s biggest blog portal Bokee (fka BlogChina), has formally announced that it has received $10 million in venture funding in its first round.The round was led by Bessemer Ventures, and included Granite Global Ventures, Mobius Venture Capital, and Softbank’s Asia Infrastructure Fund.
The site has 2 million registered users and gets 18 million page views a year…Much of the new money will be invested in Internet infrastructure to support the sit’s growing popularity.
And no, it does not have plans for a $1 billion IPO on Nasdaq, as previously rumored in another story…
Related:
– BlogChina Funding: More Details
– Correction: BlogChina’s Seed Funding Figure: $5 Million
– Chinese Blog Portal Aims For Nasdaq IPO
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