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The Koolanoo Group, a Chinese Internet and New Media company, raised $25 million in the third round of funding. The group’s financing comes from an Israel-based Giza Venture Capital.

Koolanoo Group are investors and operators of new media properties in China. Their recent string of investments have brought them in the mainstream.

Their recent investment in 360Quan, the 3rd Largest Social Network in China, has proved successful as the social network was given the 8th Largest Community Website award of China. They are also the official partner and exclusive Internet broadcaster of FTV (FashionTV), for the China Region.

Moreover the company has also launched 360Q, China’s first ever customized browser. The company is growing with it’s recent investments in popular projects, and in the coming days, it is will probably grow further.