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Hikari, Susquehanna Put $20 Million into 56.com

Filed in archive Private Equity by Greg Cruey on December 09, 2007

Private equity firms Hikari Private Equity and Susquehanna International Group China have invested $20 million in the video sharing site 56.com, according to Personal Bee.

Hikari, Susquehanna Put $20 Million into 56.com


Several other partners were involved in the funding package, including Adobe, Disney's VC fund, and CID Group. This was the second round of funding for 56.com.

Cn Blognation has pointed out that private equity and Venture Capital Firmslinks seem to be in love with video sites in China. The top six such sites have gotten well over $100 million in funding this year.


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Permalink: Hikari, Susquehanna Put $20 Million into 56.com
Tags: video  56.com  Hikari  Susquehanna  china  private+equity  hikari+susquehanna  december+2007 

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