Tech Company Financing Transactions
DataGrand Funding Round
CITIC Group Corp., CMS Holdings and CSC Securities participated in a $90 million Series C funding round for DataGrand. The round was recorded on 3/17/2022.
Transaction Overview
Company Name
Announced On
3/17/2022
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Series C
Investors
Proceeds Purpose
DataGrand will use the fund to strengthen its lead advantage in Intelligent RPA arena, and accelerate technical innovation and industrial application of its core products and solutions, such as Natural Language Processing(NLP), Optical Character Recognition (OCR), Knowledge Graph, Intelligent Recommendations and Hyperautomation.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Block B, No. 112 Liangxiu Road Pudong New Area
Shanghai, Undisclosed
China
Shanghai, Undisclosed
China
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Provider of big data application services designed to provide data mining tools to enterprises from a range of industries. The company's intelligent text processing technology provides safety and compliance with AI services and help users quickly and accurately search for information from large databases. The company utilizes advanced natural language understanding, natural language generation, knowledge mapping and other technologies to provide intelligent software systems for extraction, reviewing, correction, searching and recommendation enabling large enterprises to improve business efficiency and data mining.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yunwen Chen
Browse more venture capital transactions:
Prev: 3/17/2022: Sesame HR venture capital transaction
Next: 3/17/2022: Orkes venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs