CBM Raised 10 Million Dollars

China Broad Media(中宽资讯, I cannot find its site) is reported to raised 10 million US dollars from Softbank in its second round funding. The WI Harper Group invested 2 million dollars to CBM in 2005.

China Broad Media is a multimedia broadcaster offering original entertainment content to Chinese Internet users and wireless subscribers over Internet, wireless data networks, landline IVR systems and physical radio frequency (coming soon). It has a 20-year exclusive joint venture with China National Radio, the only nationwide radio station operator in China with over 65 years of experience and resources.(from WI Harper’s portfolio)

Radio.cn(IE only), which may be the key asset of CBM, is the joint venture above mentioned. It provides online radio and podcasting services.

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