The business management software provider's Zhongnan Capital-backed series D round lifted its overall funding to about $165m.

China-headquartered enterprise software developer Cloudwise has raised $60m of series D3 funding from investors including Zhongnan Capital, a vehicle for construction firm Zhongnan Holding, DealStreetAsia reported yesterday.

The round was led by Citic Private Equity Funds Management, the alternative asset management unit for investment holding company Citic Group, and also featured CR Capital, an investment arm of diversified state-owned holding company China Resources Group.

V Fund, Guangzhou Yuexiu Financial Holdings, CICC Capital, Sequoia Capital China, Albright Stonebridge Group (ASG) and…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?