Data Grand nabs $23.1m in funding

Nov 26, 2018 • Jack Hammond

Text automation business Data Grand has taken its total funding to more than $28.8m with a series B round that included Legend Holdings.

China-based text automation processing software provider Data Grand has raised RMB160m ($23.1m) in a series B round featuring Legend Star, an early-stage fund owned by conglomerate Legend Holdings, China Money Network reported on Thursday.

Mount Morning Capital, a subsidiary of VC firm China Broadband Capital, led the round which also included Oriza PE Fund Management, the private equity arm of investment company Oriza Holdings, VC firm Eastern Bell and assorted angel investors.

Founded in 2015, Data Grand provides artificial intelligence-powered…

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