RedBaby Raises $25 Million

Redbaby Information Technology Co. Ltd., an ecommerce company focused on baby products for the China market, reportedly has raised $25 million in new VC funding.  

 

Kleiner Perkins Caufield & Byers led the deal, and was joined by return backers NEA and Northern Light Venture Capital It plans to go public next year on an overseas exchange. www.redbaby.com.cn