Tech Company Financing Transactions
LeEco Funding Round
LeEco closed a $1.1 billion funding round on 9/21/2016. Backers included Legend Holdings and private investors.
Transaction Overview
Company Name
Announced On
9/21/2016
Transaction Type
Venture Equity
Amount
$1,080,000,000
Round
Undisclosed
Investors
Proceeds Purpose
LeEco reached out to TechCrunch to clarify that this funding will go into the development of its own sports car under the LeSEE brand, and not into its partnership with U.S.-based Faraday Future.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
3553 North 1st St.
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Undisclosed
Website
Email Address
Overview
Formerly Known as LeTV. Letv.com is the world's first public video company. The only fully domestically funded company among China's major Internet companies. The true Internet company among listed companies in China's A-share stock market China's No.1 video company with the highest value in China's GEM board.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yueting Jia
Co-Founder
Hank Liu
VP - Finance
Winston Cheng
Browse more venture capital transactions:
Prev: 9/21/2016: Hostmaker venture capital transaction
Next: 9/21/2016: Brava venture capital transaction
Share this article
About Our VC Transactions Data
We record every notable VC transaction. VC investment data records reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs