IDG Capital Partners, DCM and Northern Light Venture Capital Back Facishare Technology (Asia)

Source: Facishare Technology, Asian Venture Capital Journal  |  Author(s): Winnie Liu

Venture capital firms IDG Capital Partners, DCM and Northern Light Venture Capital have participated in a US$100 million Series D funding round for China-based Facishare Technology, operator of the mobile business management application Fxiaoke.com. The company intends to use the new capital to accelerate technology upgrades.