Zamplus Technology, a China-based professional internet data service provider, has raised an undisclosed amount of investment capital from Chinese lead investor Northern Light Venture Capital, which was joined by Intel Capital, Intel’s corporate venturing unit.
In March of this year it was reported by news provider SinoCast Daily Business Beat via Comtex newswire that Zamplus raised a series A round of investment up to $20m by Northern Light Venture Capital, marking the largest A round investment by any company in the Chinese data service provider sector. Greylock Partners and New Enterprise Associates are limited partners in its NLVC III fund
Keven Tang, chief executive of Zamplus Technology, alongside his team will use the funds to improve customer service capabilities, expand its range of services and gain new market share.
The news of the funding follows Zamplus Technology’s recently launching its core product, Zampda, a real-time internet audience advertising delivery system. Through data…
