China-based livestreaming platform operator Chushou closed a series D round of undisclosed size featuring internet technology provider Google today that increased its overall financing to $120m, Reuters reported.
Qiming Venture Partners, Shunwei Capital and Alpha X Capital also participated in the round. The news effectively disproves reports last week suggesting it was $76.8m in size, Chushou having reportedly raised approximately $78m prior to the latest round.
Founded in 2015, Chushou hosts a mobile platform that gamers use to livestream their exploits. It hosts about 250,000 streams a day and has registered more than 8 million streamers.
In addition to its financial contribution, Google intends to help Chushou expand into markets outside China. Google and its parent company Alphabet have been sparing in their Chinese investments since the country’s government banned its search engine in 2012.
Google did participate in a round for voice-based search technology developer Mobvoi in 2015, having backed optical transceiver producer InnoLight the year before through Google Capital, the growth equity unit now known as CapitalG.
An unnamed publicly-listed, China-based company had invested $20m in Chushou, according to China Money Network, before the company added $58m from GGV Capital, Shunwei Capital, Qiming Venture Partners and Feidian Capital in January 2017.