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B2B E-Commerce Player Bizongo Completes $51 Million Funding Round
Amount Raised
$51 Million
Description
Bizongo, a business-to-business platform for made-to-order goods, on Monday said it has completed a $51-million fresh funding exercise, with investments from British government's development finance body CDC and Thailand-based Addventures, a corporate arm of SCG. Commitments from the two new investors are the second tranche of the $51-million series-C funding efforts, an official statement said. It added that other investors who participated in the first tranche included Schroder Adveq, Bruno Raschle, and existing investors Accel, Chiratae and IFC.
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