Intelligent cloud photography service provider Wotu closes multi-million-yuan Pre A financing

Intelligent cloud photography service expert Wotu has recently completed a Pre-A round of financing, raising tens of millions of yuan. YZ Capital served as the sole financial advisor.

Intelligent cloud photography service expert Wotu has recently completed a Pre-A round of financing, raising tens of millions of yuan. YZ Capital served as the sole financial advisor.

Proceeds from the fresh financing round will mainly be used for product development and channel expansion. Next, the company will expand the business category of more enterprise services, and accelerate the popularization of product technologies such as live video streaming and VR panoramic filming.

Launched in 2014, Wotu focuses on photo live broadcast, instant photography, instant video, and live streaming and sharing services. As a real-time photography service platform, the company has provided customers from more than 300 cities in China with photo live broadcast, live video streaming, 720 ° panoramic filming, AI intelligent photo editing and other technological services.

The service fields of the company cover online activities, conferences, sports events, fashion & entertainment campaigns, etc., with more than 60,000 registered photographers.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/04/intelligent-cloud-photography-service-provider-wotu-closes-multi-million-yuan-pre-a-financing/.

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