Quantangle hauls in tens of millions of yuan in financing from Tencent and Blue Lake

Shanghai-based Quantangle announced that the company has received tens of millions of yuan in a Series A round of financing from Tencent Industry Win-Win Fund in July 2019. Previously, the company had closed a Pre-A round of 10 million yuan from Blue Lake Capital in April 2018.

Shanghai-based Quantangle announced that the company has received tens of millions of yuan in a Series A round of financing from Tencent Industry Win-Win Fund in July 2019. Previously, the company had closed a Pre-A round of 10 million yuan from Blue Lake Capital in April 2018.

At present, Quantangle has launched its Series A+ round of financing.

The founder and CEO Mao Weihua introduced that financing is mainly used in three aspects: first, to further optimize cloud native and low-code platform construction, and invest more in technology research and development; second, to increase investment in market expansion and market promotion to help companies develop rapidly; three It is to optimize the internal development and delivery team structure and explore new business models for software delivery.

Quantangle is a low-code development service company. Taking its low-code development platform InfoPlus as the core and combines cloud-native technology with SaaS technology, the company has formed a new integrated solution for enterprise application development, operation and management.

At present, the platform is mainly for the educational market, serving hundreds of schools, government agencies and other large-scale users.

The company’s software graphical interface and other built-in tools simplify software development for users, enabling users to automate workflows and perform IT operations more efficiently.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/02/quantangle-hauls-in-tens-of-millions-of-yuan-in-financing-from-tencent-and-blue-lake/.

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