Categories: Social Media News

Chinese Software Developer Community Raises Funds

CSDN.net, which goes by a few English names including China Software Developer Network, has completed its latest financing project.

Liu Jiang, chief editor of CSDN, confirmed that the company is negotiating financial issues; however, no further details have been officially revealed.

CSDN is rumored to have already gained over USD10 million in new investment at the end of 2012 and the investors included CBC Capital, Intel Capital, and an unnamed investor from the Internet industry. The investments will reportedly arrive in March 2013.

Founded in 1999, CSDN is one of the largest information technology community and service platforms in China. It claims to have 24 million registered members and 500,000 registered enterprises and partners. CSDN owns several developer community websites and its businesses also cover magazine publishing, information technology training, education, and information technology recruitment services. The company plans to launch an IPO between 2015 and 2016.

Social Media Asia Editor

Recent News

Anthropic takes on OpenClaw with new Claude Code text feature

Users can now text Claude Code using Discord and Telegram. Anthropic is responding to the…

5 hours ago

The U.K. Has a New Partner in the Fight Against White Collar Crime: Palantir

A new Guardian report indicates that sensitive financial data in the U.K. will soon be…

5 hours ago

British criticize attempted raid on Diego Garcia

Let us read it for you. Listen now. Your browser does not support the audio…

5 hours ago

¥3.2 billion lost in advertising revenue due to illicit postings on YouTube

Around ¥3.2 billion ($20 million) in advertisement revenue might have been lost in the span…

5 hours ago

Is Formula 1 world champion Lewis Hamilton dating Kim Kardashian? The duo were spotted “together” in Japan

Lewis Hamilton dating Kim Kardashian?Photo: Kristina Bumphrey/Getty Images Seven‑time Formula 1 world champion Lewis Hamilton…

5 hours ago

Stop the AI Race: Protesters Call for Halt to Advanced AI Systems Outside Anthropic, OpenAI Offices

New Delhi: The battle over artificial intelligence(AI) is no longer confined to boardrooms and research…

5 hours ago