# CID Group: portfolio, investments and team

> CID Group is a private equity based in China. 23 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/the-cid-group (Millionrounds; every figure on the page links to its filing or article)

China · [Investor](https://millionrounds.com/investors)

# CID Group

No cheque observed since Aug 2019, after 23 earlier cheques, and the website is dead.

Dormant Private equity

Seed Series A Series B Chip New Materials Nano-tech

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 23 on record

Since the last cheque **2643** days **00** hrs **00** min **00** sec

Median round **$5.7M** Rounds led **0 of 23** Sole investor **2 rounds** Exits **4 from the portfolio** Mostly in **United States, 57%**

Pitch CID Group

## CID Group highlights

- 01 23 rounds on record
- 02 Mostly Series B and Venture: 50% of its rounds
- 03 Sole investor in 2 rounds, median $3.3M
- 04 4 exits from the portfolio

## What they do

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Chip New Materials Nano-tech
- **Based in:** Shanghai, China
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **23 appearances**

- **2019** 1 round
- **Aug** **[CyCraft](https://millionrounds.com/company/cycraft)** Series B · TW · Businesstimes **$5.7M** With 1 other
- **2015** 2 rounds
- **Mar** **[91App](https://millionrounds.com/company/91app)** Series A · CN **$9.0M** With 4 others
- **Mar** **[KargoCard （Shanghai）Co., Ltd](https://millionrounds.com/company/kargocard-shanghai-co-ltd)** Venture · CN **$6.0M** With 1 other
- **2014** 3 rounds
- **Jul** **[Trigger, Mobiusbobs Inc.](https://millionrounds.com/company/trigger-mobiusbobs-inc)** Seed **$500K** Sole investor
- **May** **[KargoCard （Shanghai）Co., Ltd](https://millionrounds.com/company/kargocard-shanghai-co-ltd)** Venture · CN **$10M** With 3 others
- **Jan** **[Trigger, Mobiusbobs Inc.](https://millionrounds.com/company/trigger-mobiusbobs-inc)** Seed **$100K** With 3 others
- **2013** 3 rounds
- **Dec** **[Zenverge](https://millionrounds.com/company/zenverge)** Series E · US · finsmes.com **$11M** With 5 others
- **Nov** **[SiTime](https://millionrounds.com/company/sitime)** Series F · US · finance.yahoo.com **Undisclosed** With 11 others
- **Jul** **[PubGame](https://millionrounds.com/company/pubgame)** Series A · TW · techcrunch.com **$5.0M** With 1 other
- **2012** 4 rounds
- **Sept** **[Zenverge](https://millionrounds.com/company/zenverge)** Series D · US · sec.gov **$26M** With 7 others
- **Jul** **[Zenverge](https://millionrounds.com/company/zenverge)** Venture · US **$5.7M** With 6 others
- **Jun** **[Ooyala](https://millionrounds.com/company/ooyala)** Series E · US · venturebeat.com **$35M** With 3 others
- **Mar** **[KargoCard （Shanghai）Co., Ltd](https://millionrounds.com/company/kargocard-shanghai-co-ltd)** Venture · CN **$6.0M** Sole investor
- **2011** 1 round
- **May** **[Crown Bioscience](https://millionrounds.com/company/crown-bioscience)** Series C · US · equityhelpdesk.com **$29M** With 4 others
- **2010** 3 rounds
- **Sept** **[Ooyala](https://millionrounds.com/company/ooyala)** Series D · US · gigaom.com **$24M** With 4 others
- **Sept** **[DigiwinSoft](https://millionrounds.com/company/digiwinsoft)** Venture · CN **$10M** With 1 other
- **Mar** **[Scale Computing](https://millionrounds.com/company/scale-computing)** Series B · US · techcrunch.com **$9.0M** With 3 others
- **2009** 1 round
- **May** **[Scale Computing](https://millionrounds.com/company/scale-computing)** Series A · US · indystar.com **$3.0M** With 2 others
- **2007** 3 rounds
- **Dec** **[56.com](https://millionrounds.com/company/56-com)** Series B · CN **$20M** With 5 others
- **Nov** **[VeriSilicon Holdings](https://millionrounds.com/company/verisilicon-holdings)** Series D · US · verisilicon.com **$20M** With 9 others
- **Oct** **[Ambow Education](https://millionrounds.com/company/ambow-education)** Series C · CN · pacificepoch.com **$54M** With 3 others
- **2005** 2 rounds
- **Nov** **[Paragon Wireless](https://millionrounds.com/company/paragon-wireless)** Series B · US · findarticles.com **$7.0M** With 1 other
- **Aug** **[VeriSilicon Holdings](https://millionrounds.com/company/verisilicon-holdings)** Series B · US · verisilicon.com **$14M** With 10 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **10** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$168M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** The CID Group LTD.
- **SEC number:** CRD 163717

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[Zenverge](https://millionrounds.com/company/zenverge)** Bought by [Freescale Semiconductor](https://millionrounds.com/fund/nxp-semiconductors) **Undisclosed** Dec 2014

**[SiTime](https://millionrounds.com/company/sitime)** Bought by MegaChips Corporation **$200M** Oct 2014

**[Ooyala](https://millionrounds.com/company/ooyala)** Bought by [Telstra](https://millionrounds.com/fund/telstra) **$270M** Aug 2014

**[56.com](https://millionrounds.com/company/56-com)** Bought by [Renren Inc.](https://millionrounds.com/fund/renren-inc) **$80M** Sept 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$5.7M** the round, not its cheque Alone, median **$3.3M**

Led 0 of 23 rounds **0%**

- **Sole investor:** 2 rounds
- **Last cheque:** Aug 2019
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Series B said *5*
- Venture *5*
- Series D *3*
- Series A said *3*
- Seed said *2*
- Series E *2*
- Growth said *-*

Cheques by year Led Joined

2005 2019

Often in the room with

- [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) 3
- [Norwest Venture Partners](https://millionrounds.com/fund/norwest) 3
- [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) 3
- [Verizon Ventures](https://millionrounds.com/fund/verizon-ventures) 3
- [Woodside Fund](https://millionrounds.com/fund/woodside-fund) 3
- [AppWorks](https://millionrounds.com/fund/appworks) 2

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## Who they invest alongside

The investors most often in the same rounds as CID Group. A count of rooms they were both in, not a relationship either has claimed.

[**DCM Ventures** Private equity **3** rounds together](https://millionrounds.com/fund/dcm-ventures)[**Norwest Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/norwest)[**Sierra Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/sierra-ventures)[**Verizon Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/verizon-ventures)[**Woodside Fund** VC firm **3** rounds together](https://millionrounds.com/fund/woodside-fund)[**AppWorks** Accelerator **2** rounds together](https://millionrounds.com/fund/appworks)[**Austin Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/austin-ventures)[**Battery Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/battery-ventures)[**Blue Chip Venture Company** VC firm **2** rounds together](https://millionrounds.com/fund/blue-chip-venture-company)[**Cathay Financial Holding** Investment firm **2** rounds together](https://millionrounds.com/fund/cathay-financial-holding)[**HSBC Private Equity (Asia)** Private equity **2** rounds together](https://millionrounds.com/fund/hsbc-private-equity-asia)[**IDG Technology Venture Investment** Growth equity **2** rounds together](https://millionrounds.com/fund/idg-technology-venture-investment)

## Recently backed

The latest companies CID Group put money into.

[**CyCraft** $5.7M · Aug 2019](https://millionrounds.com/company/cycraft)

## Quick answers about CID Group

### What does CID Group invest in?

CID Group invests most often at Series B and Venture (50% of the rounds on record), in sectors such as Chip, New Materials and Nano-tech.

### How active is CID Group?

23 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2019.

### What has CID Group invested in recently?

Its most recent investments on record: CyCraft (Series B, Aug 2019).

### How big are CID Group's cheques?

The median round it joins is $5.7M.

### Does CID Group lead rounds?

Rarely, if at all: none of its 23 investments on record names it as the lead.

### Where does CID Group invest?

Most of the companies it backs are in the United States (57%), China (33%) and Taiwan (10%).

### Is CID Group investing now?

It looks quiet: no investment on record since Aug 2019.

### Who does CID Group invest alongside?

Most often DCM Ventures (3 rounds together), Norwest Venture Partners (3 rounds together) and Sierra Ventures (3 rounds together).

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