Way of the forces nouvelles cattle tourism website-tourism (hereinafter referred to as “ network &rdquo way cattle;) recently completed the third round of financing, access to finance the amount of $ 50 million, which is as of now the single wheel in the field in one of the biggest sum financing.
4 12th way cattle network announced that the company successfully completed a c round of financing, and won four, including Sequoia Capital investment of about US $ 50 million joint investment. Way cattle network COO Yan Haifeng said, on the raised funds will be used primarily for company expansion. &Amp;ldquo we hope to use the money to open more branches. Today the figure is 16, our goal is to open by the end of the year to 30. &Amp;rdquo; Yan Haifeng said.
and travel site leader in ctrip, elong positioning in hotels, air tickets booking services, position the way cattle network doing tours reservation. Today, this created the initial is not being bullish on tourism of the forces nouvelles, annual growth of more than 300%.
maximum financing
pedestrian cattle network was established in 2006, by the company's CEO and COO Yan Haifeng Yu Dunde founded two generation y. At first, ctrip, elong positioning and industry on this in hotels, air tickets reservation service different tourism doesn't think much of the forces nouvelles.
and Yan Haifeng Yu Dunde also did not think, today, five years later, they can be from four single wheel in the field of top VC hands raised to one of the biggest sum financing.
this joint investment of four investors include Sequoia Capital, Japan Lotte, DCM and Highland capital.
Sequoia Capital is the largest VC, Apple computer, Cisco, Oracle, Google and Yahoo have obtained venture capital from Sequoia Capital. Founding and managing partner of Sequoia Capital China Fund Shen said that as a professional investor, IPO than quantity, more care is being investment enterprise is an excellent industry leaders. Yan Haifeng said the investment, Sequoia Capital as lead investor, and occupies most of the investment.
in three other investors, Japan Rakuten is Japan's largest e-commerce group. In 2004, and over 100 million dollars of capital investment ctrip tourism website; DCM,1999 years after entering China, has invested a 51Job, Oak Pacific interactive, such as dangdang, with Evans software; Highland Capital, currently in China's successful investments in start-up companies that have been odd Tiger 360.
in front of the access to the four joint investment, pedestrians cattle network has had two rounds of financing experience. In March 2009, the way cattle network received $ Gobi 3 million dollars in the first round of venture capital, then, in 2010 and access to DCM lead investor for nearly $ 10 million investment. &Amp;ldquo; after the after the first two rounds of financing, some way cattle network venture capitalists have had a certain amount of understanding. &Amp;rdquo; Yan Haifeng said, “ in the third round of financing is relatively easy when, at present, the money has to account. ”
