Dianping.com Receives First-round Funding from Sequoia Capital
Dianping.com, a well-known Chinese restaurant directory and review website, has received its first-round funding from Sequoia Capital. Financial details of the investment were not disclosed. Zhang Tao, CEO of Dianping.com, said the Company would start the second-round financing in the third or fourth quarter this year. Dianping.com currently has about 1 million users. Zhang hopes to build the website into a Web2.0 local search and Internet community centered on city life.
About Sequoia Capital
Sequoia Capital provides venture capital funding to founders of startups who want to turn business ideas into companies. As the "Entrepreneurs Behind the Entrepreneurs", Sequoia Capital's Partners have worked with innovators such as Steve Jobs of Apple Computer, Larry Ellison of Oracle, Bob Swanson of Linear Technology, Sandy Lerner and Len Bozack of Cisco Systems, Dan Warmenhoven of Network Appliance, Jerry Yang and David Filo of Yahoo!, Jen-Hsun Huang of nVIDIA, Michael Marks of Flextronics, Larry Page and Sergey Brin of Google, Chad Hurley and Steve Chen of YouTube and Dominic Orr and Keerti Melkote of Aruba Wireless Networks. To learn more about Sequoia Capital visit www.sequoiacap.com.
Contact:
Steven Ji
SEQUOIA CAPITAL
sji@sequoiacap.com
