Tingyun closes Series C of RMB 400 mln

2020-09-12
|
Lynn Lin

Tingyun closes Series C of RMB 400 mln

Tingyun, an APM application performance management brand in China under Beijing Jidiao Network, has completed a 400 million yuan C round of financing that was co-invested by CICC Capital, Plum Ventures, 99fund.com, GF Securities, and Fengyuan Capital.


Tingyun is going to use the funds raised for the layout of business in the next three to five years. Besides, it will continue to increase the investment in the R&D, and gradually strengthen and upgrade its data collection, processing and output capabilities, focusing on improving its AIOps products.


Founded in 2007, Tingyun is an enterprise focusing on application performance management. In 2010, it first launched the RTMP streaming media monitor. In 2015, it became the first domestic listed APM company, and obtained the Gartner Magic Quadrant in December of the same year.


In 2019, Tingyun was selected as the recommended Gartner AIOps company, and launched a new generation of intelligent business management platform.


From 2018 to 2020, the company was selected into the Gartner Magic Quadrant for three consecutive years.


At present, the business of Tingyun has covered all major sectors including government, finance, operators, the Internet, aviation, energy and power, industrial manufacturing, and education. It has continued to make profits since 2018.


RELATED ARTICLES

Eugenlight Technologies closes Series A of RMB tens of millions
2020-09-13
|
PEVC , Semiconductor , Electroinic

BPassword closes angel round led by Eagle Fund
2020-09-13
|
PEVC , Blockchain

Microtera Semiconductor closes Series A with RMB tens of millions
2020-09-13
|
PEVC , Semiconductor

Vertex Ventures completes new fund raising of RMB three bln
2020-09-13
|
PEVC , Technology , Semiconductor

Xiaoyinghe closes seed round of two mln yuan
2020-09-12
|
PEVC , Internet

Vision Medicals closes RMB200m Series B led by CDH Investments
2020-08-14
|
PEVC , Medicine , Medical care

Thousand Oaks Biopharmaceuticals closes RMB450m Series B round
2020-07-28
|
Biotech , Pharmaceutical , PEVC

HaiHe Biopharma closes RMB1.2b Series B led by Warburg Pincus
2020-07-27
|
Biotech , PEVC , Pharmaceutical

3DPTEK closes multimillion-yuan Series B round led by CICC Capital
2020-07-03
|
Manufacturing , PEVC , 3D printing

Yuanjie Semiconductor secures strategic financing
2020-06-17
|
Semiconductor , PEVC
China SDG