China online travel journal service 117go raises $20 million

117go, a Chinese trip journal and experience sharing service, has raised $20 million in Series B round from Softbank China Venture Capital (SBCVC).

The Shanghai-based company will use this fund to increase the user base and brand building.?Chief marketing officer Pu Minghui confirmed the investment to Tnooz this week.

Using 117go service, users can maintain their travel experiences in form of pictures and notes (organized by day), fellow users in the system will be able to search for trip journals, comment, like and share the content in social media. The service is also available for 1 platforms.

The company?s competitor in China include 1 ? recently it 1 round. Breadtrip was founded in 2012 and it has about ten million registered users.

Launched in late 2011, 117go has received three rounds of funding (excluding this Series B) ? In February 2012, it received an undisclosed investment from a local angel investor, in July 2012 it received a seven-digit investment from 1, and in March 2013 the company received a 1.

We have reached out to 117go for more information.

SBCVC?s other 1?include 1, a China-based B2B online travel service that connects suppliers with sellers.

Source: China online travel journal service 117go raises $20 million, Tnooz 1 published Apr 28, 2014. Viewed Apr 29, 2014.