Steamboat Invests in Chinese Web Analytics Firm

Los Angeles-based Steamboat Ventures, the venture capital arm of The Walt Disney Company, has invested in a Chinese startup which provides web, video, and search analytics, Gridsum Technology. According to Gridsum, Steamboat led its Series A. Size of the funding round was not disclosed. As part of the funding, Steamboat's Perry Chui and Alex Hartigan join Gridsum's board. Gridsum's web analytics software is used to track online marketing campaigns; the firm said its customers include Microsoft, Coca-Cola and Lancome. More information »