Beijing-based tech startup WhaleOps announced its completion of a new round of financing on July 14, led by Kaitai Capital and followed by its angel round financing investor BlueRun Ventures.
TimePlus, a real-time data analysis infrastructure platform with streaming data as the core, announced on July 8 its completion of seed-round financing led by GL Ventures.
Jin Rong, Alibaba's vice president and Associate Dean at DAMO Academy, recently left the job. According to official website of DAMO Academy, Jin Rong was a tenured professor at Michigan State University and joined Alibaba in 2014.
Big data analytics platform and services provider Sensors Data announced on Friday that it has obtained $200 million in round-D financing. The lead investors were Tiger Global and Carlyle Group.
Yonghong Tech, a big data and business intelligence analytical services unicorn company, is planning to go public in Hong Kong.
Big data and artificial intelligence firm DataStory announced on Wednesday the completion of a C2 round of financing worth 160 million yuan ($25.3 million).
Zshield Inc., an industrial big data innovation enterprise based in China, announced the recent completion of a C-round financing worth several hundred million yuan.
Thinking Data, a domestic big data analysis service provider for the game industry, announced the completion its round C financing worth 376 million yuan ($59 million).
The government will now support what it sees as healthy and sustainable development of new business formats and models such as livestream e-commerce and social commerce.
Authorities in Beijing have released the latest version of the country's draft Personal Information Protection Law, affirming that it further improves rules on the processing of personal information.
Last week saw several notable investment rounds raised in the world of China VC.
DataStory, a Chinese provider of big data and AI services, announced that it has raised a 120 million yuan ($17 million) series B+ round of strategic financing.
Ant Group announced to spin off a self-developed database service OceanBase, aspiring to serve more of its partners.
This past week saw Keep, China’s answer to Nike’s Training Club, officially become the first unicorn in the world of fitness tech.
Chinese self-driving company AutoX is launching a big data center in Shanghai. It will serve as the largest data hub for self-driving car data in China.