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#SuryaRay #Surya GGV — backers of tech giants like Alibaba, Buddy Media, Pandora, Square and Tudou — is gearing up for another big rush of investment activity: today the firm is announcing the closing of a significant new fund, its fourth, totaling $625 million, which it will use for expansion-stage investments in tech companies in both the U.S. and China. There were hints of this fund coming a few days ago, when GGV filed SEC Form D documents raising $508.9 million and $10.8 million. Those are the U.S dollar amounts; an additional sum in Chinese yuan take the total fund up to $625 million. As with previous funds, GGV plans to keep its investments in the expansion stage, and to split them equally between China and the U.S. The last fund raised by GGV was for $610 million in 2007. http://dlvr.it/22BXjp @suryaray