Startups fundings: Sungy Mobile, CreativeLive and Redfin + $90 million for their expansion.

As usual, Connectikpeople recalls that, fundraising is often needed to scale the company and generate exponential growth.
Henceforth the chinese Android app maker Sungy Mobile, the mastermind company of Go Launcher, has raised $20 million in funding from Chinese antivirus software Qihoo360 and Kingsoft. Sungy Mobile filed to go public about two weeks ago with an estimated valuation of around $300
million.
For those who unfamiliar, Go Launcher's products include GO Launcher EX, an Android home screen customization platform, and GO Locker, which lets Android users open apps directly from the lock screen.

Regarding the San Francisco and Seattle-based online learning startup CreativeLive, founded in 2010, this startup has raised $21.5 million in a Series B round led by The Social+Capital Partnership with participation from existing investor Greylock Partners. The company has raised nearly $30 million in the past 16 months.

Redfin ( founded in 2004 , Seattle-based online real estate company),  has raised $50 million from Tiger Global, T. Rowe Price, and previous investors including Greylock Partners, DFJ, Vulcan Capital, and Globespan Capital Partners. Redfin provides online real estate search and brokerage services, aiming to reduce costs for both homebuyers and sellers.
Redfin will use the capital to focus on increasing its existing marketshare, boosting consumer awareness, and expanding into new cities. The company has raised nearly $100 million in funding to date.

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