Beijing-based animation start-up Light Chaser Animation Studios, founded by founder and ex-CEO of Chinese video sharing site Tudou.com Gary Wang, has received US$20 million series B financing, according to Chinese media reports. GGV Capital and ChengWei Venture Fund led the round. Hillhouse Capital and existing investor IDG Capital Partners also participated. Light Chaser previously received […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.