Speed of light An Zhen China completes 260 million USD two fund raise

The speed of light An Zhen China Venture Capital announced today that the speed of light has been completed An Zhen China Two fund (Lightspeed, L.P.), the fund is up to $260 million trillion, with an expected target of more than 220 million dollars. The fund will focus on the Chinese market in the Internet, mobile, technology-driven services and enterprise technology solutions industry early investment, plans to invest about 30 enterprises, mainly in the initial investment in the 500,000-7 million dollar seed period and a-round project mainly. Speed of light An Zhen China Managing director Cao and MI Group will be responsible for the management of the Fund.

The speed of light An Zhengzhong The first phase of the fund was collected in 2012, the total size of 168 million U.S. dollars, the investment includes just get 100 million U.S. dollars C round the financing of the holiday apartment online booking platform passers-by, as well as using search technology to transform the traditional financial industry 360, want to do China's AWS Qingyun and other companies Click here to go to the venture financing platform Krypton plus the company that looks at the speed of light investment.

Before the speed of light An Zhen China, the Cao Han Group was managing director of the United States at speed of light, leading the fund's venture capital in China, and then set up a separate light An Zhen China fund to invest in Chinese start-up companies.

The MI group has said in an interview with 36 Krypton that they focus on the Internet, the mobile internet and companies that use technology to transform traditional industries-a traditional industry that may be a consumer industry, including Consumer (consumer) consumption, and Enterprise services. They also fancy the enterprise market for IT services, because "Chinese companies are growing in demand for cloud computing, SaaS (software as a service) and network security products and services", and these startups have great potential in the future. At the same time, they have experienced the era of entrepreneurship, so they will use their own entrepreneurial experience to help entrepreneurs.