Yoqoo.com Raises $12 Million

Yoqoo.com, a Beijing-based online video sharing and distribution platform, has raised $12 million in venture capital funding from Sutter Hill Ventures, Farallon Capital and Chengwei Ventures. The company will officially launch on December 21. www.yoqoo.com< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />