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May 16, 2006

China's Maxthon Brings In Charles River

01.gifMaxthon has raised an undisclosed amount of venture backing in a deal led by new investors Charles River Ventures, along with early investors Lund/Kenner, a Danish seed investor (see link below for a profile) and WI Harper (via GigaOm).

The firm's founder said in his blog that there were several VCs interested in the Series A round, but it chose Charles River because of a common vision about the future of the market it targets. It's not mentioned in the post, but the new investor is also backing Avvenu, a software company that supplies a photo and file sharing plug-in to the Maxthon browser.

Read Charles River Ventures Invests in Maxthon (press release)
Read- Profile of Lund Kenner (a:c euro)

Posted on May 16, 2006 05:39 PM | Posted to News And Updates | Online services | Venture Capital | Permalink

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