Douban Raised $10M in Series B

Douban, a symbol of web 2.0 services in China, announced its $10 million series B financing today. The new round is led by Trustbridge Partners, and co-invested by its existing investor Ceyuan Ventures, who invested in $2 million in 2006.
Douban started from a social networking sites for book lovers, movie lovers and music lovers [...]