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Social Game Developer Boyaa Lands USD 6 Mln in VC Funding

Tencent Tech, 7/29/11

Chinese social game developer Boyaa Interactive recently obtained USD 6 mln in funding from Sequoia Capital. As part of the deal, Sequoia Capital partner Zhou Kui will join Boyaa Interactive's board of directors.

According to an industry source, Zhou Hongyi, chairman of Chinese online security software developer Qihoo 360 (NYSE: QIHU), is a former investor in Boyaa Interactive. As of this round of funding, however, Zhou cashed out his shares in the company, worth an estimated USD 3 mln.

Keywords: HR divest Zhou Hongyi Internet funding VC Sequoia Capital Qihoo 360 social game Boyaa Zhou Kui QIHU online gaming

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