IDG Capital, IDG's China-based corporate venturing affiliate, has backed a $10m funding round raised by the cloud development tools startup.
China-based cloud tools provider Coding has raised $10m in a series B round featuring IDG Capital, an affiliate of media company International Data Group, China Money Network reported today.
Venture capital firm Lightspeed Venture Partners led the round, according to local media reports. The company, founded in February 2014, has not revealed details about its series A round.
Coding provides a suite of cloud-based development tools for computer programmers. It will use the capital to develop a monetisation plan.