Startups
LeEco, formerly Letv, is a global streaming video and consumer technology company. Originally founded in 2004 in China, where it leads the market in online video and entertainment, the company has developed a unique “ecosystem” vision built around its content, applications and devices. LeEco’s vertically integrated approach makes the highest-quality products accessible for value-oriented consumers. The company’s interests span film production (including the upcoming Matt Damon film The Great Wall), automotive (such as a partnership with Aston Martin), personal transportation (see press around Le SuperBike) and consumer electronics, like its smart TVs and Le SuperPhone. Relentless pursuit of innovation and a singular, people-oriented approach has been the driving force behind LeEco’s evolution.
Overview
Location
United States, California, San Jose
Employees
1001-5000
Total raised
$650M
Founded date
2004
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Aug 17, 2016 | Funding round | $50M |
Mentions in press and media 25
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 10, 2017 | China's LeEco crisis to cost listed unit $2.5 billion in market value, funds estimate | By Reuters Staff 3 Min Read SHANGHAI (Reuters) - Struggling Chinese conglomerate LeEco could see the market value of its listed unit fall around $2.5 billion should its shares resume trading, showed estimates from three mutual fund investor... |
| May 26, 2017 | China LeEco’s sports unit valued at $3.5b after new funding round | Premium Chinese tech conglomerate LeEco’s sports unit said it completed a new round of funding that valued it at 24 billion yuan ($3.50 billion) and that its investors will form a new committee to supervise its finances. Continue reading th... |
| May 26, 2017 | China LeEco's sports unit says valued at $3.5 billion after new funding round | By Reuters Staff 2 Min Read LeEco's new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach BEIJING/SHANGHAI (Reuters) - Chinese tech conglomerate LeEco’s sports unit... |
| May 21, 2017 | LeEco founder Jia Yueting resigns as CEO of its publicly listed unit Leshi | Chinese tech conglomerate LeEco is reshuffling the executive roster of its publicly traded unit, Leshi Internet Information and Technology Corp., as it continues to struggles with cash flow issues and a bumpy expansion into the U.S. Leshi d... |
| Mar 31, 2017 | Term Sheet — Friday, March 31 | SCOOPS, PROFITS, IPOS, DEALS Cloudera is heavily funded. The company has raised more than $1 billion from Accel Partners, Greylock Partners, Meritech Capital Partners, Ignition Partners, T. Rowe Price, GV, In-Q-Tel, MSD Capital, and Intel C... |
| Mar 30, 2017 | China's LeEco secures $2.2 billion for expansion from new investors | By Reuters Staff 3 Min Read TAIPEI (Reuters) - Chinese tech conglomerate LeEco has successfully raised nearly $2.2 billion from new investors including Tianjin Jiarui Huixin Corporate Management Company and property developer Sunac China Ho... |
| Mar 17, 2017 | [Updated]LeEco Wants To Sell Property Bought From Yahoo In 2016 | UPDATE: LeEco reached out with the following statement: “We’ve always envisioned EcoCity would be an open environment that would be a place for our employees, our partners and the community to collaborate. LeEco has been working to identify... |
| Mar 17, 2017 | LeEco said to be trying to sell its Silicon Valley property amid cash woes | According to a new report from Reuters, LeEco is said to be seeking a buyer for the 49-acre swath in Silicon Valley set for the site of its future US headquarters. The Chinese electronics polymath highlighted its plans for EcoCity back in O... |
| Jan 26, 2017 | All industries are now tech: 3 lasting lessons from CES 2017 | Editor’s note: Earlier this month we asked our man on the ground, Will Schwartz, a principal at Gold+Root Communications, to cover the Consumer Electronics Show, in Las Vegas. Though we asked for only highly clickable hot takes on gadgets a... |
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FAQ about LeEco US
When was LeEco US founded?
LeEco US was founded in 2004.
How much funding has LeEco US raised?
LeEco US has raised $650M in total across 2 funding rounds.
What funding rounds has LeEco US raised?
Parsers VC lists 2 funding rounds of LeEco US, among them a funding round of $50M on Aug 17, 2016.
What has the press written about LeEco US?
Parsers VC has collected 25 articles mentioning LeEco US, among them “China's LeEco crisis to cost listed unit $2.5 billion in market value, funds estimate” (Jul 10, 2017) and “China LeEco’s sports unit valued at $3.5b after new funding round” (May 26, 2017).
Is LeEco US still active?
LeEco US is probably closed: its latest activity on Parsers VC dates from Jan 5, 2018.