Meichuang Technology closes RMB150m new financing round

The leading company in the data security field in China, Meichuang Technology, has recently completed a new round of financing, raising 150 million yuan. This round was led by Shengyu Investment and China Broadband Capital Partners, with participation from Zhejiang Cybernaut Investment, Yuyue Medical and Oriental Fortune Capital.

The leading company in the data security field in China, Meichuang Technology, has recently completed a new round of financing, raising 150 million yuan. This round was led by Shengyu Investment and China Broadband Capital Partners, with participation from Zhejiang Cybernaut Investment, Yuyue Medical and Oriental Fortune Capital.

Proceeds from this round of financing will be mainly used for product research and development, adhering to the technology-driven route, strengthening R&D investment in the field of data security, and in the meantime expanding the data management product line to continuously tap the value of data.

Established in 2005, Meichuang Technology is a provider of data management solutions designed to improve data security.

The company focuses on research and development of data security and big data technology and provides comprehensive data management strategies including data security, disaster recovery system, and active operation and maintenance services, enabling clients to efficiently manage their data security and reduce data breach.

The headquarters and R&D center of Meichuang Technology are in Hangzhou. It has four branches in Shanghai, Guangzhou, Nanjing and Ningbo with more than 20 offices. The company’s technical personnel are distributed throughout the country to provide users with localized service support.

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/meichuang-technology-closes-rmb150m-new-financing-round/.

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