Golden Gate Ventures Exceeds Target By Closing US$60M Of Fund II For Southeast Asia

Last year, Golden Gate Ventures (GGV) announced- it was raising US$50 million for its second early stage venture fund, securing US$35 million by July 2015. Today the company revealed that it has managed to exceed the initial target by closing US$60 million, from Thailand’s Siam Commercial Bank, South Korea’s Hanwha Life Insurance, and Germany’s Hubert Burda Media,along with existing investors.
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