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27 September 2013

Bertelsmann puts app on track

Bertelsmann has come back to re-invest in a series B round of funding for China-based Dayima, a menstruation period tracking app. The financial details were not specified, but the latest round is worth tens of millions of dollars. Venture capital firm Sequoia Capital also participated.

Author: Katherine Steiner-Dicks, reporter

German media group Bertelsmann is closing in on a series B round of funding alongside venture capital firm Sequoia Capital for China-based Dayima, a menstruation period tracking app, according to a report by technology news site, Technode. The deal is worth tens of millions of dollars, however, the financial details were not specified.