Xinyue closes multimillion-yuan Pre-A round

2020-08-12
|
Isiah Liu

Xinyue closes multimillion-yuan Pre-A round

Xinyue, an audio & video cloud collaborative production platform, has recently garnered tens of millions of yuan in its Pre-A round of financing led by Sinowisdom Capital, and joined by Kingly Capital.


Proceeds from this funding round will be used primarily for product iteration and marketing.


Founded in 2017, Xinyue is an operator of an online video management platform intended to foster collaboration among users.


The company's video management platform integrates digital cloud technology to enable users to preview, review, store and share videos all through the company's platform, enabling convenient online video production and video review for producers.


The core team members of Xinyue have many years of experience in audio and video production and software and hardware product development. To date, the number of users of Xinyue’s cloud collaboration platform has reached 250,000.


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