Data storage technology producer Dera pulled in over $150m through a China Unicom-backed series C round while GlobalBees raised in excess of $110m in a round featuring SoftBank and FirstCry.
Funding
China-based solid-state drive producer Beijing Derui Lingxin Technology (Dera) has closed almost RMB1bn ($157m) in series C funding from investors including China Unicom CICC, a joint venture for telecommunications firm China Unicom and investment banking firm China International Capital Corporation (CICC). The round was co-led by China Reform Fund and CICC subsidiary CICC Capital and it also featured Hongta Venture Capital, Citic’s New Future fund, Shenzhen Venture Capital, Nanjing Yihua Capital and existing backers including Pioneer Ventures and Yunhang…
