Tuesday, April 17, 2007

Tudou closed C-round funding

Tudou.com today officially announced that it has closed its C-round of investment. Three new VCs, General Catalyst (USA), Capital Today (China) and the Korean VC fund KTB had invested this round.

Partners from General Catalyst and Capital Today will join the Tudou.com board. Tudou started exactly 2 years ago, and had two other rounds: a 500,000 USD angel round in 2005 and a 8.5 million USD B-round early 2006. Currently Tudou streams about 25 million video's per day, and users upload on average 20,000 video's every day. Well done to Marc and his team.

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