EDITORIALFundingDaily690x3901

Touna nabs US $24 million in Series B round led by Liaoning Dajin 

Chinese P2P lending platform Touna has raised US$24 million (RMB150 million) Series B round led by Liaoning Dajin Steel Structure Engineering Group, according to an official announcement.

Earlier in June 2014, Touna raised US$16 million (RMB100 million) from the investment arm of GF Securities.

According to the deal, Liaoning Dajin will now have 11.77 per cent stake in Touna, while GF Securities has 27. 26 per cent stake.

The funding will be used to expand the team and its product services, as well as improve its operation margins and develop a Big Data network infrastructure.

Launched in 2012, Shenzhen-based Touna has a cumulative transaction value of US$270 million (RMB1.7 billion).

Video analytics firm Vidooly gets funding from Bessemer Venture Partners

Online video analytics startup Vidooly has secured an undisclosed sum in funding from Silicon Valley-based VC firm Bessemer Venture Partners. Vidooly will use the funding for product development and enhancement, besides team expansion and client acquisition.

Vidooly was launched in November 2014 by Subrat Kar, Ajay Mishra and Nishant Radia. It is a YouTube intelligent marketing and analytics suite that helps content creators, brands and multi channel networks (MCNs) to maximise their YouTube organic views, build an audience base and earn more revenues on YouTube. It does this through its software suite that offers advanced features such as video tag suggestion, best time to upload, search rank analysis, competitor tracking, subscriber behaviour analysis and influencers collaboration, to name a few.

Since its beta launch in November 2014, Vidooly has added over 2,000 individual YouTube channels such as Bollywood Hungama, Glamrs, India Food Network, and six MCNs across the globe to their list of customers using their dashboard. Nearly 120,000 videos are uploaded every month through Vidooly’s network while it’s Big Data engine analyses 500 million-plus monthly videos through its platform.

 We’ll be updating this as more funding news comes in. Stay tuned!