China-based mobile games developer CocoaChina has raised $14m in series B funding from a group of investors including Disney’s corporate venturing unit, Steamboat Ventures.
Also participating in the round were the China-based division of venture capital (VC) firm Sequoia Capital and Hong Kong-based VC firm Northern Light Ventures, the investor in CocoaChina’s $1.2m series A round.
CocoaChina, known locally as Chukong, also hosts one of China’s largest online community of game developers for Apple’s iOS mobile operating system. According to…