Tencent leads $16m Series C in US firm Academia.edu

Tencent leads $16m Series C in US firm Academia.edu

Visitors use their smartphones underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014. REUTERS/Kim Kyung-Hoon/File Photo

US-based Academia.edu, a platform for sharing academic research papers, has raised $16 million in a Series C funding round led by Tencent Holdings, according to a report by Finsmes.

Joining the investment round is Social Discovery Ventures that invests in Internet based companies and helps connects people.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter