Tiger Global, Vy Capital Invest $36M In Mobile App Maker Nice


Chinese mobile app maker Nice has completed US$36 million series C financing led by New York-based investment firm Tiger Global Management LLC and Vy Capital, an investment firm exclusively focused on Internet and software sectors, according to Chinese media reports.

Launched a year ago, Nice received US$8 million series A financing from Matrix Partners and Morningside Ventures. It received US$20 million series B round led by H Capital, with participation from Vy Capital, Matrix and Morningside.

Nice allows users to add labels, stickers and screens to photos that they share on social networks. It currently has close to 10 million registered users.

 
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