Tech Company Financing Transactions

NetEase Cloud Music Funding Round

On 11/14/2018, NetEase Cloud Music raised $600 million in investment from Baidu Venture Capital and General Atlantic.

Transaction Overview

Announced On
11/14/2018
Transaction Type
Venture Equity
Amount
$600,000,000
Round
Undisclosed
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Entertainment
Mailing Address
Undisclosed
Hangzhou Zhejiang, 999999
China
Phone
Undisclosed
Email Address
Overview
NetEase Cloud Music is a Chinese application like a free Spotify that gives unlimited access to almost any song you can imagine. Stream or download music or videoclips to the PC or Mobile. NetEase Cloud Music, launched in April, 2013, is a music product well known for its discoveries and sharing under the flagship of NetEase.
Profile
NetEase Cloud Music LinkedIn Company Profile
Social Media
NetEase Cloud Music Company Twitter Account
Company News
NetEase Cloud Music News
Facebook
NetEase Cloud Music on Facebook
YouTube
NetEase Cloud Music on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Zhu Yiwen
  Zhu Yiwen LinkedIn Profile  Zhu Yiwen Twitter Account  Zhu Yiwen News  Zhu Yiwen on Facebook
Founder
William Ding
  William Ding LinkedIn Profile  William Ding Twitter Account  William Ding News  William Ding on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/14/2018: Money View venture capital transaction
Next: 11/14/2018: Checkmate venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary