Vertex Venture Leads Series B Round In Qingchifan


Beijing-based social networking mobile app maker Qingchifan has completed an undisclosed series B financing led by Vertex Venture Holdings, according to media reports.

Existing investor Sequoia Capital also participated.

Launched in February 2014, Qingchifan allows users to invite others to eat together in a restaurant, and therefore expand their social circle.

The company received undisclosed series A financing from Sequoia Capital. The two financing rounds together amount to approximately US$20 million.

Qingchifan currently has over 10 million registered users.

 

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