Mayfield Fund latest to join bandwagon to China
Mayfield Fund, the well-known Menlo Park venture capital firm, said it has made investments into three Chinese technology companies, the first results of the firm’s partnership with a Beijing-based Chinese venture firm, GSR Ventures. Mayfield is the latest in a string of Silicon Valley firms to increase its activities in China.
The firm said it has led investments in SMIT, a fabless semiconductor manufacturer of modules for digital televisions; Mobert, a manufacturer of semiconductors for mobile applications; and Heiyou, an online matchmaking company.
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