Beijing - WangYou Media, a Web hosting service for blogs, video and other content in China, has raised $6.12 million in its second round of funding, PEHub.com reported, citing a regulatory filing.

Investors included Charles River Ventures, Transcosmos, ADS Global Partners and Oxsino Venture.

Beijing-based WangYou focuses on hosting user-generated content.

Projects include Red Town, which highlights emerging music artists using the site, and a radio show for university students that plays only music from artists on WangYou.

Related Links:
http://www.pehub.com/article/articledetail.php?articlepostid=8103

http://www.wangyou.com