Tuesday, March 07, 2006

Pacific Epoch - General Atlantic Mops Up

"The release is finally out. Mop.com's parent company ChinaInterActiveCorp will receive US$48 million in financing from General Atlantic, Doll Capital Management, Technology Crossover Ventures, Accel Partners, and Legend Capital. ChinaInterActiveCorp will now be known as Oak Pacific Interactive. The deal has been the talk of Beijing and China VC circles for a couple of weeks. Silicon Beat's Matt Marshall has a good wrap here."

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