Taos Data raises USD10m in Series A round led by Sequoia China and GGV Capital

Taos Data recently announced that it has received more than 10 million US dollars in Series A financing round, by Sequoia Capital China and GGV Capital. This comes just three months after the company’s Pre A financing round by the two investors.
The proceeds will be used to prepare Taos Data’s flagship product TDengine 2.0 and expand its global market share.

Taos Data recently announced that it has received more than 10 million US dollars in Series A financing round, by Sequoia Capital China and GGV Capital. This comes just three months after the company’s Pre A financing round by the two investors.

The proceeds will be used to prepare Taos Data’s flagship product TDengine 2.0 and expand its global market share.

Established in June 2017, Taos Data is headquartered in Beijing, with team members distributed across Beijing and the Silicon Valley in the US. Taosi aims at the growing Internet of Things data market, focusing on the storage, query, analysis and computation of time-series big data. Without relying on any open source or third-party software, the company has independently developed the proprietary IoT big data platform TDengine which features high performance, scalability, high reliability and zero management.

The product can be widely used in the Internet of Things, Internet of Vehicles, and industrial Internet, IT operation and maintenance and other fields. The company has applied for a number of patents for technological inventions, and all filed PCT patent applications.

The members of the company’s R&D team all graduated from prestigious schools or institutions such as the Chinese University of Science and Technology, the Chinese Academy of Sciences, Tsinghua University, Shanghai Jiaotong University, the University of Michigan, and the University of Maryland. All of them hold master or doctorate degrees, and have many years of research and development experience in distributed computing, data storage and databases.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/03/taos-data-raises-usd10m-in-series-a-round-led-by-sequoia-china-and-ggv-capital/.

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