22 Jan '13, 3am

TechinAsia gets 2nd round of funding to continue covering tech and startups in the region

TechinAsia , a website that covers technology and startups in Asia, has received a second round of funding, led by Russia-based Simile Venture Partners . East Ventures , which invested in the first seed round in March 2011, also participated. The terms of the investment were not disclosed. Founded in July 2009 as Penn Olson, the site has undergone quite a bit of changes since then. It rebranded to become TechinAsia last year, and its team now consists of 11 members from Japan, China, Vietnam, Singapore, Indonesia, and the US. It began organizing the Startup Asia conference in 2012, starting with the inaugural event in Singapore and moving on to Indonesia, drawing over 2,000 participants in total. The event will be returning to Singapore again on April 4-5. “2012 has been a very challenging but fruitful year. Our team is happy with our traffic and revenue growth but we unde...

Full article: http://sgentrepreneurs.com/2013/01/22/techinasia-gets-2nd...

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