Marbridge Daily

<- April 13, 2012 ->

SNS Tianji Obtains USD 32 Mln Fourth-Round Funding

Sina Tech, 4/13/12

Chinese SNS and its French parent Viadeo announced today that the site had completed a fourth round of funding to the tune of USD 32 mln. The funds came mainly from private investments from Allianz, the Jefferies Group, France's Strategic Investment Fund (FSI), and private investors in the Middle East.

Tianji CEO Lin Tinghan said that the site is currently growing by 500,000 new registered users per month.

Editor's Note: For more information on this topic, please see "Tianji, French Parent Consider US IPO," MD 6/04/11 issue.

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