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Chinese User-Gen Search Startup Qihoo Gets $25 Million Funding

Qihoo, a fast-growing but controversial Chinese search engine, has raised $25 million more in a second round, reports VentureBeat. The round was led by Highland Capital Partners and also investing are Redpoint Ventures and existing investors Sequoia Capital China, CDH, Matrix Partners and IDG Ventures.
Qihoo has launched a new kind of search engine, dedicated to Web 2.0 content — focused on blogs and forums, for example — that has seen its traffic spike in China. But along with that, it has bought along the attention of of bigger rivals Baidu and Alibaba. Qihoo