Data Canvas lands RMB120m Series C financing

The integrated data platform and service provider Data Canvas has received 120 million yuan in Series C financing round. Four new investors include ZGC Group, GF Qianhe, Delta Capital, Shidake Capital, etc., as well as existing investors Redpoint China and Xiang He Capital participated in this round.

The integrated data platform and service provider Data Canvas has received 120 million yuan in Series C financing round. Four new investors include ZGC Group, GF Qianhe, Delta Capital, Shidake Capital, etc., as well as existing investors Redpoint China and Xiang He Capital participated in this round.

Data Canvas is a developer and provider of data analysis platform intended to help businesses to effectively coordinate development and implement model management. The company is committed to develop core analytical technologies in big data, AI and machine learning, providing end-to-end data solutions for enterprises in the financial, CRM, and IT industries.

By 2019, Data Canvas has expanded to 10 industries, including banking, insurance, funds, securities, asset management, government, transportation, manufacturing, real estate, and Internet. Despite of the Covid-19 outbreak in 2020, the business scale of Q1 2020 is three times that of Q1 2019. So far,Data Canvas has helped more than 500 companies to build AI autonomous capabilities.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/26/data-canvas-lands-rmb120m-series-c-financing/.

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