| Viadeo, the Professional Social Network with over 45 million members worldwide, No. 1 in France and China, is announcing today the completion of a large fundraising round of $32 million split between the French Sovereign Wealth Fund, the Fonds Strategique d'Investissement, existing institutional shareholders, Idinvest and Ventech, and a pool of new investors including Allianz, Jefferies, the global investment banking firm, and Middle Eastern private funds.
The new investment will allow Viadeo to accelerate its growth in Europe and China with Tianji its local brand, as well as other key emerging markets like Latin America, Russia, India, and Africa. This achievement serves as a testament to the value Viadeo brings to its users whether they are managers, corporate professionals, recruiters or entrepreneurs. (Press Release)
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