Chinese site Yaolan.com raises $17.7M for mommy community
The US has already seen its explosion of mom-related sites: Mommy bloggers, social networks, shopping sites and more have proved to be one of the most successful Web 2.0 niches. Now a hefty funding for the Chinese site Yaolan.com from Foundation Capital and NSA Investments, reported by peHUB, makes it look as if China is the next frontier.
Yaolan is a community site, where moms can post pictures of themselves and their babies, take part in polls, read articles and blog posts and find products for their children. The site appears to already have a fairly significant amount of traffic.
Also joining the $17.1 million funding were previous backers Sutter Hill Ventures and Chengwei Ventures. The company has raised a total of $26.1 million to date.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.