ByteDance is a technology company that manages a range of content platforms designed to inform, educate, entertain, and inspire individuals. Founded in 2012, ByteDance operates in the Internet and Social Media industries, aiming to empower creativity and connection with a safe and enriching digital experience for all. The company's slogan reflects its commitment to providing a positive online environment. Its platforms allow users to explore and discover creativity, knowledge, and meaningful moments globally, while also enabling them to become creators directly from their smartphones. In March 2023, ByteDance secured a $100.00M investment in the Secondary Market, with G42 Group being the investor. This injection of funds reflects investor confidence in ByteDance's potential for growth and innovation in the content and social media space. As ByteDance continues to expand its presence and user base, its ability to provide a safe, healthy, and positive online experience will be a key factor in its sustained success.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Secondary Market | $100.00M | 1 | 15 Mar 2023 | |
Private Equity Round | $2.00B | 3 | Sequoia Capital, Kohlberg Kravis Roberts Japan | 11 Dec 2020 |
Secondary Market | Unknown | 1 | 30 Mar 2020 | |
Venture Round | Unknown | 5 | 26 Aug 2019 | |
Debt Financing | $1.30B | 4 | Morgan Stanley, Bank of China | 10 Apr 2019 |