Vision Knight, SBCVC Invest $25M In Chinese Travel Site Octopus

Suzhou-based travel B2B platform Ba Zhua Yu Online, or Octopus, says the company has received RMB150 million ($25 million) series A funding from Vision Knight Capital and SB China Capital (SBCVC).

Vision Knight Capital led the round. No further details of the investment are disclosed.

Vision Knight Capital previously invested in and SBCVC has invested in Alibaba, Taobao and Focus Media.

Octopus is founded in 2011.

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