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IDG Ventures

From Alfawiki
IDG Ventures
Company typePrivate
IndustryVenture capital
Founded1996
Headquarters
San Francisco
Area served
Worldwide (China, Vietnam, India, Korea, United States)
ParentIDG Capital

IDG Ventures represents a worldwide network of venture funds overseeing close to $3.6 billion in assets, initially financed exclusively by International Data Group. The inaugural fund was introduced in 1996 based in San Francisco, and by 2007, the fund began accepting investments from other institutional entities while IDG continued as a principal investor. IDG broadened its international reach with funds established in Europe (which has since been closed), Boston (which was renamed Flybridge Capital Partners in 2008), Vietnam, India, and Korea. By the year 2013, IDG Ventures maintained operations across five countries: China, Vietnam, India, Korea, and the United States.

In January 2017, IDG Capital together with China Oceanwide Holdings Group completed the acquisition of International Data Group along with its subsidiaries, resulting in IDG Capital becoming the majority stakeholder of IDG Ventures.

Venture Capital Investments

Year Company Industry
2001 Shazam Application for music recognition
2008 Aujas Networks Cybersecurity sector
2013 Appboy Mobile marketing automation firm based in New York City
2015 Baofeng Online video platform operating in China
2015 Survata Provider of market research and survey participation services
2015 ICrushIFlush Mobile application for dating
2015 Aasaanjobs.com Recruitment website targeting entry-level positions in India
2015 Tripoto Platform dedicated to travel services