ByteDance
Latest round
- Series E
Last raised
- Jan 2024
Total raised
- $1.1B
Investors
- 11
About ByteDance
Based in China, ByteDance Ltd. is an internet technology company that develops innovative digital platforms and applications, connecting users through engaging content and services. Founded in 2012, ByteDance Ltd. operates primarily in the technology sector, focusing on content and social media applications. The company is headquartered in Beijing, China, and has undergone expansions to grow its offerings globally. Founders include Aji Sanjaya, Ariel Dangelo, James Liu, Rubo Liang, and Yiming Zhang, with Ariel Dangelo currently serving as CEO. In September 2026, ByteDance Ltd.P. ByteDance offers a diverse suite of digital platforms and applications that cater to various user needs across global markets. At the core of its product offerings is TikTok, a leading short-form video platform that facilitates content creation and sharing, empowering users to express their creativity and connect with others. Complementing TikTok, ByteDance provides additional services such as CapCut, a user-friendly video editing tool; Lark, an integrated office suite designed for collaboration; and TikTok Shop, which enables direct transactions within the app. Other notable products include Douyin, an equivalent platform to TikTok in China, and Toutiao, a popular news aggregation service.ByteDance generates revenue through a variety of monetization strategies linked to its extensive product portfolio, particularly through advertising and e-commerce transactions. The company's flagship platform, TikTok, employs an advertising model where brands and businesses can purchase ad placements to reach a targeted audience, enhancing brand visibility and engagement. Additionally, TikTok Shop facilitates commerce by allowing users to buy products directly through the platform, creating a seamless shopping experience. ByteDance also engages in partnerships with businesses that leverage its products for advertising and promotional purposes, further diversifying its revenue streams. The company actively cultivates relationships with advertisers and merchants, fostering an ecosystem that supports both B2B and direct-to-consumer transactions. The company aims to introduce new features for TikTok and CapCut, targeting further growth in Southeast Asian and European markets.
Who invested in ByteDance
11 investors across 6 rounds
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Questions about ByteDance
Who invested in ByteDance?
ByteDance has 11 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ByteDance raised?
ByteDance has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did ByteDance last raise money?
ByteDance's most recent round on record is a Series E, in Jan 2024.
What does ByteDance do?
ByteDance is a media company.
Where is ByteDance headquartered?
ByteDance is headquartered in Beijing, China.
Which VCs invest in companies like ByteDance?
Among active investors with capital left to deploy, Boc Private Equity Firm, Zijin Venture Capital, Legend Capital and Source Code Capital back media companies at ByteDance's stage. Their profiles are linked below.
VCs backing media startups at Series E
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