Chinese Facebook Replica TongXue Raises $6 Million

TongXue is a Chinese social network that is similar to Facebook.  Even the homepage looks just like Facebook, but with different colors.  TongXue means “classmates” in Chinese.  TongXue has raised about $6 million in a new round of funding according to paidContent.

One of the investors includes Tano China Private Equity Fund.  Tano was started by Charles “Chuck” Johnson, the former co-President of FranklinTempleton Investments. TongXue was originally called FaceRen.com.

“The investment by the Tano China Private Equity Fund I is designed to provide expansion capital for TongXue, which is well positioned in the rapidly growing internet oriented social networking space in mainland China,” stated Chuck Johnson.

Related posts:

1. Xiaonei, A Chinese Replica Of Facebook Raises $430 Million ($72 Million More Than The Original Facebook)
2. Former CEO of Yahoo! China Launching An Asian Facebook Competitor/Replica Called Yiqi
3. Facebook Raises A $100 Million Equity-Free Loan For Server Power From TriplePoint Capital
4. Chinese Job Site Zhaopin.com Raises $110 Million
5. Family Tree Social Network, Geni.com Raises $5 Million