Tech Company Financing Transactions

PingCAP Funding Round

Fosun International, Morningside Group and China Growth Capital participated in a $50 million Series C funding round for PingCAP. The round was announced on 9/12/2018.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Fosun International (Lead Investor) (Yonggang Cong)

Morningside Group (Lead Investor) (Richard Liu)

China Growth Capital

Matrix Partners

Yunqi Partners

Proceeds Purpose
PingCAP plans to use this new capital to expand the TiDB ecosystem globally, build cross-cloud product offering, and invest in innovation of its core technology.

Company Information

Company Status
Private & Independent
Enterprise IT
Mailing Address
2955 Campus Dr. 100
San Mateo, CA 94403
Email Address
PingCAP started in 2015 when three seasoned infrastructure engineers were sick and tired of the way databases were managed, scaled, and maintained while working at leading Internet companies. Seeing no good solution on the market, they decided to build one themselves--the open-source way.
PingCAP LinkedIn Company Profile
Social Media
PingCAP Company Twitter Account
Company News
PingCAP News
PingCAP on Facebook
PingCAP on YouTube

Management Team

Email & Social
Chief Executive Officer
Max Liu
  Max Liu LinkedIn Profile  Max Liu Twitter Account  Max Liu News  Max Liu on Facebook
Chief Technical Officer
Edward Huang
  Edward Huang LinkedIn Profile  Edward Huang Twitter Account  Edward Huang News  Edward Huang on Facebook
Dylan Cui
  Dylan Cui LinkedIn Profile  Dylan Cui Twitter Account  Dylan Cui News  Dylan Cui on Facebook
VP - Bus. Development
Yin Liu
  Yin Liu LinkedIn Profile  Yin Liu Twitter Account  Yin Liu News  Yin Liu on Facebook
VP - Engineering
Li Shen
  Li Shen LinkedIn Profile  Li Shen Twitter Account  Li Shen News  Li Shen on Facebook
VP - Engineering
Liu Tang
  Liu Tang LinkedIn Profile  Liu Tang Twitter Account  Liu Tang News  Liu Tang on Facebook
VP - Operations
Kevin Xu
  Kevin Xu LinkedIn Profile  Kevin Xu Twitter Account  Kevin Xu News  Kevin Xu on Facebook



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Prev: 9/12/2018: Beekeeper venture capital transaction
Next: 9/12/2018: OncoResponse venture capital transaction


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