Sensors Data closes USD30m Series C+ round led by Xianghe Capital

Sensors Data has received a 30 million US dollars Series C+ round of financing, led by Xianghe Capital, with participation from Morningside Venture Capital, DCM Ventures, Warburg Pincus, Sequoia China, Linear Venture, and Future Capital. Proceeds fro this round of financing will be used for product development, market promotion etc., especially to continue to promote new product matrix strategies

Sensors Data has received a 30 million US dollars Series C+ round of financing, led by Xianghe Capital, with participation from Morningside Venture Capital, DCM Ventures, Waarburg Pincus, Sequoia China, Linear Venture, and Future Capital. Proceeds fro this round of financing will be used for product development, market promotion etc., especially to continue to promote new product matrix strategies.

Sensors Data is a big data analysis service company, which provides an in-depth user behavior analysis platform and professional consulting services.The company’s analytics platform provides eight analysis models for multi-dimensional cross-analysis, in-depth understanding of user behavior, assessing marketing effectiveness, optimizing product experience, enabling clients to improve operational efficiency and gain insights on user behaviors.

The core members of the team are all from Baidu Big Data department. They have many years of experience in big data processing and built Baidu’s log analysis big data processing platform from scratch.

Tang Hesong, a founding partner ofthe lead investor Xianghe Capital, said, “The data processing, analysis and application of an enterprise is the key to improving the efficiency and competitiveness of the enterprise. The team of Sensors Data with Sang Wenfeng as its core, strategy and execution in place, and the products and services well-received, provides long-term value for Chinese Internet companies and traditional companies that are undergoing digital transformation.”

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/sensors-data-closes-usd30m-series-c-round-led-by-xianghe-capital/.

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