SIG China and Legend Capital have returned to back the networking software provider’s latest round, pushing its total funding past the $130m mark.

China-based internet communications technology developer AgotoZ closed a series C round featuring quantitative trading firm Susquehanna International Group’s SIG China unit at almost RMB500m ($78m) yesterday.

China Capital Investment Group led the round, which included Legend Capital – the venture capital firm formed by conglomerate Legend Holdings – as well as NGP Capital, Creo Capital and Siguler Guff & Company.

Founded in 2017, AgotoZ is developing network-as-a-service technology that helps organisations access digital networks including the cloud in a bid…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.