China Growth Capital Leads $10M Series B+ Round In Juzi Entertainment

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.

 
Caishen.Co - Primary Data for China Secondary Investment and Stock Markets

LEAVE A REPLY