Silicon Valley Venture Firm Launches China Fund

A prominent Silicon Valley venture capital firm said Thursday it has paired with the computer publishing and technology investing firm International Data Group to launch a $250 million investment fund based in China. Accel Partners, based in Palo Alto, Calif., and IDG will each make an initial investment in the IDG-Accel China Growth Fund, which will make early-stage investments in information technology, consumer technology and health-care firms based in mainland China, according to a statement from the two firms.

Source: Dow Jones Business News

For more information, please contact:
Howard Sholkin
howard_sholkin@idg.com
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