Blogbus closed series A funding; Sosoko and Ccoo received investment
Leading blog services provider Blogbus closed series A funding today. The investors are Japanese venture capital JAIC and Japanese network advertisement agent Cyber Agent. The amount is $3 to 5 million. According to Dou Yi, founder of Blogbus, this is the largest series A funding among Chinese BSPs.
Several days ago, two classifieds received investment too. Sosoko received 120 million Yuan from D&H Capital and Asian Groove HK. Chinese search engine Zhongsou is acquiring classifieds portal Ccoo.cn.
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