XSKY Data Technology closes RMB320m Series D round

XSKY Data Technology has raised 320 million yuan in Series D financing round, led by China state-owned Capital Venture Fund and Tsinghua Holdings’ Qingkong Huayi Investment. Existing investor Qiming Venture Partners also participated in this round.

XSKY Data Technology has raised 320 million yuan in Series D financing round, led by China state-owned Capital Venture Fund and Tsinghua Holdings’ Qingkong Huayi Investment. Existing investor Qiming Venture Partners also participated in this round.

XSKY will use the proceeds for the development of storage infrastructure technology, the construction of hybrid cloud data management solutions, and the promotion of software-defined storage products in the lower-tier markets.

This is the fifth round of financing XSKY has completed since its inception in 2015, which brings the company’s to-date total financing amount to 752 million yuan.

XSKY is a high-tech enterprise focused on software-defined storage. The company’sproducts have achieved extensive commercial deployments in a variety of industries including government, finance, telecom, radio & TV, education, transportation, healthcare, energy, manufacturing, etc.

To date, XSKY has served more than 600 large and medium-sized enterprise clients.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/03/xsky-data-technology-closes-rmb320m-series-d-round/.

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