Pulse2 Technology and Social Media News » Tano China Private Equity Fund http://pulse2.com Sun, 27 May 2012 19:13:16 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Chinese Facebook Replica TongXue Raises $6 Million http://pulse2.com/2009/03/09/chinese-facebook-replica-tongxue-raises-6-million/ http://pulse2.com/2009/03/09/chinese-facebook-replica-tongxue-raises-6-million/#comments Mon, 09 Mar 2009 19:59:31 +0000 Amit Chowdhry http://pulse2.com/?p=11640 Continue reading →]]> tongxue
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.

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