BorruiData closes RMB200m Series C financing round

Big data and artificial intelligence company BorruiData announced the completion of 200 million yuan in a Series C round of financing, jointly led by a fund of Haitong Securities and a fund of Sunrock Capital. The company’s Series B round investor Hangzhou Oriental Jiafu Asset Management also participated.

Big data and artificial intelligence company BorruiData announced the completion of 200 million yuan in a Series C round of financing, jointly led by a fund of Haitong Securities and a fund of Sunrock Capital. The company’s Series B round investor Hangzhou Oriental Jiafu Asset Management also participated.

BorruiData was established in 2014, positioning as a big data real-time analysis and processing service provider, with domestically-made and self-controllable analytical database products as the core, to provide enterprises with data technology, products, services and other comprehensive solutions.

At present, BorruiData has built a complete product system around the in-memory processing of real-time analysis of big data, and has established a complete product system, including a full-memory distributed database RapidsDB, a full-memory distributed streaming database Rapids StreamDB, in-house artificial intelligence Rapids ParallelAI, cross source heterogeneous federation connector Rapids Federation etc.

In the meantime, BorruiData set up research and development bases in Beijing, Shanghai and other places to establish a think tank for the data intelligent ecological industry, attracting more high-level talents, and promote the application of scenarios in different industries and fields.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/21/borruidata-closes-rmb200m-series-c-financing-round/.

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