DCM leads $10M investment in PandoraTV, fast-growing Korea video site
PandoraTV, a fast-growing Korean website for viewing and sharing videos, said it has raised a $10 million second round of funding, led by Silicon Valley venture capital firm, DCM.
Existing investors Altos Ventures, STIC International and Saehan, a Seoul-based venture capital group, participated in the round.
David Chao, co-founder and general partner of DCM, has joined its board of directors.
From the statement:
“PandoraTV has quickly become the dominant Internet video site in South Korea, significantly outpacing its… Continue Reading