DataStory closes RMB120m Series B+ round of strategic financing

DataStory, a one-stop big data and AI intelligent business application provider, announced that it has garnered 120 million yuan in a Series B+ round of strategic financing. This round was jointly invested by Shengsong Capital and Yipu Dashu Investment.

DataStory, a one-stop big data and AI intelligent business application provider, announced that it has garnered 120 million yuan in a Series B+ round of strategic financing. This round was jointly invested by Shengsong Capital and Yipu Dashu Investment.

Dr. Xu Yabo, founder and CEO of DataStory, said that proceeds from this round of financing will be mainly used in the following three aspects:

  1. gradually expand to durable consumer goods and services from the advantageous industry of current fast-moving consumer goods, from market application scenarios to sales application scenarios;
  2. continue to increase the investment in AI fields such as NLP and knowledge graph;
  3. strengthen the cooperation with third-party data partners such as BATJ and operators, and help companies better use third-party data to enhance business competitiveness under the premise of compliance.

Established in 2015, DataStory has been deeply involved in the field of big data and AI intelligent business applications for many years, and accumulated the service experience for hundreds of top-tier companies. The company provides its clients with complete solutions from product innovation, brand marketing, channel operation to user operation.

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/datastory-closes-rmb120m-series-b-round-of-strategic-financing/.

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