Bertelsmann Asia Investments has reinvested in the cloud database software provider just eight months after its $270m series D round.

China-based database software provider PingCap has raised an undisclosed amount of funding from investors including Bertelsmann Asia Investments (BAI), a vehicle for media group Bertelsmann, 36Kr reported yesterday.

Singaporean sovereign wealth fund GIC co-led the round with venture capital firms Sequoia Capital and Future Capital Discovery Fund, and it also featured 5Y Capital, Yunqi Partners and GGV Capital.

PingCap is the developer of an open-source cloud database platform which enables organisations to store large amounts of data and perform analytics…

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?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.
Email LinkedIn