Redpoint Ventures has closed Redpoint China I, a US$180 million fund to invest in early stage consumer and enterprise technology companies based in China, the firm announced in a statement. The fund will invest in about 25 companies with initial investments expected to average US$1 million to US$4 million. With offices in Beijing and Shanghai, […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.