Leyan Technology closes RMB150m Series C1 round led by Blue Lake and Eastern Bell

Cognitive intelligence company Leyan Technology announced that it has secured a Series C1 round of financing, raising 150 million yuan. The round was led by Blue Lake Capital and Eastern Bell Venture Capital, with participation from Kunlun Technology, as well as existing investors Yunfeng Capital, ZWC Ventures, and Ivy Capital.

Cognitive intelligence company Leyan Technology announced that it has secured a Series C1 round of financing, raising 150 million yuan. The round was led by Blue Lake Capital and Eastern Bell Venture Capital, with participation from Kunlun Technology, as well as existing investors Yunfeng Capital, ZWC Ventures, and Ivy Capital.

Proceeds from this round of financing will be used to further develop cognitive intelligence products, recruit high-end AI talents, and accelerate the exploration of industry solutions for products in other fields while enhancing business depth capabilities and large-scale implementation capabilities.

Established in 2016, Leyan Technology is a developer of an AI technology platform and intelligent customer service robot. The company’s platform utilizes artificial intelligence technologies that have a wide range of applications in e-commerce customer service, financial consulting, medical consultation and other fields, enabling clients to use AI that can automatically answer, deeply train dialogue and perfectly cooperate with human-computer interaction.

At present, Leyan Technology mainly provides intelligent customer service system and services for e-commerce enterprises, and has served more than 20,000 clients. The Leyan human-machine integrated model can increase the number of customer service receptions by two to three times on average, helping companies save 40% of customer service labor costs and increase the consulting conversion rate by 10%.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/leyan-technology-closes-rmb150m-series-c1-round-led-by-blue-lake-and-eastern-bell/.

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