Company: ByteDance
Fund Raised: $500 Million
Investor: Angel Investors
CEO: Zhang Yiming and Liang Rubo
Future Plans: CEO Zhang Yiming and Liang Rubo said that we use these funds to overtake market with new marketing strategies.
Also, read Virtana Bags $73M In Seed Funding Round
ByteDance Ltd., a social media platform raises $500 million at a valuation of $360 billion in first round and $370 billion in second round. ByteDance acquired by 2 US companies.
