DataPipeline, a digital infrastructure provider, announced on Monday that it has completed round B+ financing totaling 120 million yuan ($18.04 million). It will reportedly use the funds to strengthen its core talent team, broaden the construction of its DataOps product matrix, and promote the implementation of the DataOps concept in key industries.
Up to now, DataPipeline has completed five rounds of financing. Its investors include Jinshajiang Venture Capital, Grand Flight Investment, Matrix Partners, Baidu Ventures, FreesFund and Crystal Stream, with funds raised amounting to several hundred million yuan.
DataPipeline has a clear product portfolio with a focus on organizations’ data management: data fusion products for building core automated data link capabilities; observability products for building resilient system resource management and automation; and algorithm-based intelligent data discovery and data security capabilities. These products cover a full set of core components around “data chain development, management, and security.”
This product system can automate the end-to-end data workflow of enterprises, improve customers’ experience with data delivery, and thus drive them to make more active business decisions and more efficient intelligent products and services.
Chen Yunmin, Operation Partner of Crystal Stream, said: “As digitalization and the online presence within the enterprise and in various industries accelerates penetration and application, it is increasingly difficult to integrate and manage data across the entire chain, and the complexity of the requirements is rising, and data capabilities are becoming a key capability for enterprises.”