Lenovo Capital contributed to a round for the fingerprint-focused security technology provider in the eight-digit dollar range.
China-based cybersecurity technology provider Quan Zhi Tech has closed a series B round backed by computing technology producer Lenovo sized in the tens of millions of dollars, DealStreetAsia reported on Friday.
The round was co-led by venture capital firms Sequoia Capital China and GGV Capital and also backed by F&G Venture and Volcanics Venture, while Lenovo participated through corporate venturing vehicle Lenovo Capital.
Quan Zhi provides products including fingerprint analysers and time attendance recorders in order to help large businesses…