Kanbox, a Chinese cloud storage and sharing platform, has raised $20 million in Series B funding led by DCM with SIG China participating. The investment is part of DCM's main fund as well as the firm's $100 million Android A-Fund. Launched in January of 2011, Kanbox serves the same function as Dropbox, allowing users to store photos, videos, documents and more across multiple locations and devices. Kanbox also offers mobile access as well, with a new Android app. In the past nine months, the service has grown to over five million users and has become one of the largest cloud storage service providers in China.Source: http://feedproxy.google.com/~r/Techcrunch/~3/Dut7ZdsrEZ0/
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