Keytone was formed in 2008, it acquired a portfolio of seven investments from Kleiner Perkins Caufield & Byers, Peng Jin, a partner at Keytone, said in an interview. These companies will be a part of the firm’s maiden fund’s portfolio now. The firm will be comfortable making investments ranging between US$5 million and US$10 million in size, Peng Jin said, adding that it will not make seed investments.
Keytone has an investment team of eight including managing partner Zhou and partners Stella Jin and Peng Jin, both of whom formerly worked at IDG-Accel China Growth Fund.
|Analogix Semiconductor||8/09||Series B||$10M||5|