TV Gaming Firm Xiaocong Completes Series B Funding
EZ Capital, 11/30/13
Shanghai-based internet TV content and gaming provider Xiaocong Network Limited recently completed second-round funding led by Chinese Internet firm Qihoo 360 (NYSE: QIHU). The company previously received RMB 7.5 mln in first-round funding from Ping An Ventures, a subsidiary of the China Ping An Insurance Group.
Xiaocong was established in 2011, and primarily works in the development and operation of TV game platforms. The company's TV gaming set-top box (STB) provides TV gaming, video on-demand (VOD) and other interactive TV content from third-party providers.
Keywords: Ping An Ventures television Internet TV second-round set-top box Qihoo 360 QIHU Xiaocong TV gaming Ping An Insurance
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