UMU closes RMB100m-level Series B round exclusively led by Gaocheng Capital

UMU, a SaaS platform in the enterprise Learning-Tech sector, has recently garnered some 100 million yuan in its Series B financing round. This round was exclusively led by Gaocheng Capital.

UMU, a SaaS platform in the enterprise Learning-Tech sector, has recently garnered some 100 million yuan in its Series B financing round. This round was exclusively led by Gaocheng Capital.

Previously, UMU has completed several rounds of financing: when UMU was founded in 2015, the company received an angel round and Pre-A round of investment from the renowned angel investor Wang Gang; in 2019, UMU received tens of millions of yuan in its Series A round from Tal Education Group and Xiamen Venture Capital.

UMU is a developer of an SaaS educational software designed for enterprises.

The company develops a corporate learning management system that allows enterprises to deliver training through the internet, enabling trainers to interact with trainees effectively by utilizing artificial intelligence technology.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/20/umu-closes-rmb100m-level-series-b-round-exclusively-led-by-gaocheng-capital/.

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