BaseBit.ai closes multimillion-dollar Series B round

On July 6, BaseBit.ai, a big data and artificial intelligence technology company focusing on privacy and secure computing, has raised tens of millions of dollars in a Series B financing round.
The investors for this round include China Fortune-Tech Capital, Miracleplus and LDV Partners.

On July 6, BaseBit.ai, a big data and artificial intelligence technology company focusing on privacy and secure computing, has raised tens of millions of dollars in a Series B financing round.

The investors for this round include China Fortune-Tech Capital, Miracleplus and LDV Partners.

After completing this round of financing, BaseBit.ai will focus on expanding its business in the market and continuing to enlarge its research and development team.

BaseBit.ai is a developer of a data storage, security and transfer platform. The company’s software allows users to effectively collaborate on analyzing secured data, enabling users to uphold data privacy standards in their IT operations.

Currently, the products of BaseBit.ai have achieved initial application. Typical cases include the Xiamen healthcare big data application open platform.

The company has already managed a large amount of high quality and sensitive data, which is one of the company’s advantages over its peers. It is now actively entering more vertical industries, and intends to deploying in more application scenarios in the future.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/09/basebit-ai-closes-multimillion-dollar-series-b-round/.

Leave a Reply

Please Login to Comment