China Growth Capital has led a US$10 million series B+ round in Juzi Entertainment, a new media content producer, with participation from Qihoo 360 Technology Co. Ltd.
Launched in December 2014, Juzi Entertainment previously received US$15 million series B investment from Ventech China, Zhen Fund and Matrix Partners in January this year.
Juzi Entertainment provides content on celebrity gossip, fashion, films and viral social topics.
Founded by an ex-executive at Bazaar Star, a fashion new media platform launched by Bazaar China, Juzi Entertainment claims to have 20 million registered users with total daily pageviews of 40 million.
China Growth Capital is a Chinese venture capital firm focused on new financials, new industrials and new consumer sectors, with operations in Beijing and Shanghai.