RSS Platform Xianguo Secures Second-Round Funding

RSS Platform Xianguo Secures Second-Round Funding

BiaNews, 9/21/11

Liang Gongjun, founder of Xianguo, confirmed today that the Chinese RSS platform had secured second-round funding from Kleiner Perkins Caufield & Byers (KPCB). Liang said that details of the funding would be released in the near future.

Liang also confirmed that Chinese online media and game operator Shanda Interactive (Nasdaq: SNDA) was one of the new investors.

Editor's Note: For more information on this topic, please see "Rumor: RSS Platform Xianguo Lands New Round of Funding," MD 8/17/11 issue.


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