Big data based smart investment platform Dingfudata receives USD 11 M in Series A

Dingfudata

Founder: Guo Dan

Founded in: 2015

Financing status: RMB 80 million (USD 11 million) Series A round in 2017

Dingfudata is a smart investment platform that uses advanced big data and artificial intelligence technology combined with real time investment information to provide professional financial analysis for all types of financial institutions. This platform also helps customers make decisions quickly, and research is done more easily. It was founded in 2015 in Beijing by a team of former employees from Baidu, Alibaba and Xiaomi. Dingfudata aims to improve investment efficiency by digging and exploring data in depth.

Dingfudata grabbed This Series A financing round was led by Lingfeng Capital, and the company also received USD 4 million funding for its angel round previously. The fund raised from Series A will be used to increase marketing investment of its products while recruiting more manpower to expand its development and technology team.

Online corporate training platform Yunxuetang receives USD 22 M in Series B round

Photo from Pixabay.com
Photo from Pixabay.com

Yunxuetang

Founder: Lu Ruize

Founded in: 2011

Financing status: RMB 151 million (USD 22 million) Series B round in 2017

Yunxuetang is an online corporate training platform that provides training services, learning materials and exams for companies in various fields including real estate, banking, insurance and retail. Its products include a learning platform for employees, a platform for creating teaching material, and a mobile app for watching videos. Founded in 2011 in Suzhou, Yunxuetang currently provides over 18,000 courses for over 200,000 companies. Its customers include China Mobile Ltd and Lenovo Group Ltd.

Yunxuetang previously raised USD 11 million for Series A round in 2014, and this Series B financing round was led by Susquehanna International Group. The company plans to use this fund to improve the platform’s content, enhance consultancy services and sales team expansion.

(Top photo from 58pic.com)

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Kaikai Shi
Kaikai Shi majored in Biotechnology at Zhejiang University. He now runs the Tech Financing column for AllChinaTech. His interests are in new technology and reading. Kai believes that new technology will change the world we live in, and is trying to engage himself in this process.

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