Ontario Teachers-backed Garena nets $170 mln in Series D round
Garena Interactive Holding Ltd, a Singapore-based Internet and mobile company, has closed a US$170 million Series D financing. The round was led by the Malaysian government's Khazanah Nasional Berhad. Khazanah joins existing investors in Galena, including Ontario Teachers’ Pension Plan, which has helped the company to raise over US$500 million to date. Ontario Teachers led Garena's prior financing round in March 2015. The company said the proceeds of the latest investment will help launch two new consumer product offerings to customers in Southeast Asia.
31 March 2016•4 mins read
