BBspace, a Chinese business site, raises $11M
The business of providing online services to Chinese businesspeople is apparently a hot opportunity.
BBspace, owned by Superdata Software, offers online catalogues and magazines in Chinese — and the Guangzou company has just raised $11 million from IDG and angel investors, according to alarm:clock.
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About the Author, Eric Eldon
Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.