S-Game Gets Series A Funding From NetEase Capital

Beijing-based Chinese online gaming company S-Game says it has raised millions of dollars in series A funding from NetEase Capital, the venture investment arm of NASDAQ-listed Chinese online portal NetEase Inc.

The founding team of S-Game will remain control of the company with a majority stake after the deal.

S-Game runs a series of online games named Rainblood, or Lingyoufang in Chinese, on both personal computers and mobile devices.

The company obtained angel investment from Zhen Fund, an angel investment firm founded by investor Xu Xiaoping and Sequoia Capital in 2012.

Beijing-based NetEase Capital manages RMB2 billion ($330 million).

China Expert Network
China Expert network