Bertelsmann And Sequoia Support mo9 Series B Round

Chinese online game and virtual products credit service provider mo9 says the company has received series B financing from Bertelsmann Asia Investment (BAI) and Sequoia Capital.

The round is estimated to be around several million dollars, according to Chinese media reports.

Earlier in 2012, Palo Alto, California-headquartered mo9 received series A financing from Sequoia Capital.

mo9 is a payment service provider in online games and virtual goods. Players can buy online items by using their mobile phone numbers, and pay within 7 days.

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