Cambodia’s ‘Buzzfeed’ Attracts Silicon Valley Investment
Khmerload.com, based in Phnom Penh, is the first Cambodian tech startup to receive Silicon Valley financial backing. PHNOM PENH, CAMBODIA Khmerload, a Cambodian entertainment news website modeled after the American media giant Buzzfeed, has become the country’s first local tech startup to attract the backing of Silicon Valley investors. A $200,000 investment to be exact. The money came from 500 Startups, a global venture capital seed fund and startup accelerator founded by PayPal and Google alumni, Dave McClure and Christine Tsai, who took notice of the website, launched five years…
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