The US has already seen its explosion of mom-related sites: Mommy bloggers, social networks, shopping sites and more have proved to be one of the most successful Web 2.0 niches. Now a hefty funding for the Chinese site Yaolan.com from Foundation Capital and NSA Investments, reported by peHUB, makes it look as if China is the next frontier.
Yaolan is a community site, where moms can post pictures of themselves and their babies, take part in polls, read articles and blog posts and find products for their children. The site appears to already have a fairly significant amount of traffic.
Also joining the $17.1 million funding were previous backers Sutter Hill Ventures and Chengwei Ventures. The company has raised a total of $26.1 million to date.
Tags: co:yaolan.com, deal, inv:Chengwei-Ventures, inv:Foundation-Capital, inv:nsa investments, inv:sutter-hill-venturesOne Comment
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james wood said:
There is also 360Quan.com Officially China’s 2nd Largest Social Network, and the fastest growing website in the history of online China. In addition, it is ranked Largest Friend Finder Website, and it has been reported on CNBC, Bloomberg and CNN that the company is listing summer 2008 on the HKSE.
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3:56 am
Yaolan consigue 17,7M en Serie B said:
[...] comunidad china dirigida a las madres, Yaolan, ha recaudado 17,7 millones de dólares en una ronda de financiación Serie B en la que han participado Foundation Capital y NSA [...]