Catcha.com raises S$3 million

By Jimmy Yap, CNET.com
Thursday, October 07, 1999 02:17 PM

SINGAPORE--Southeast Asia portal Catcha.com has raised S$3.3 million in its second round of funding.

The money will be used to fund its expansion in Asia.

Said chief executive Patrick Grove: "This second round of financing confirms Catcha.com's place as a major player in the Southeast Asian Internet scene.

"We are now another step closer to a listing on a major stock exchange."

Investors in Singapore-based Catcha.com include Imperial Technologies, a subsidiary of Australia-listed Imperial Mining, Hong Kong venture capital firm Axiom Funds Management, Alternative Investment Management group, a Geneva-based fund, and Singapore-based Arboc Investments.


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