A fund affiliated with payment processor Lakala has invested in IT and office equipment supplier Edianzu in a round that took its total funding to almost $80m.
China-based IT equipment leasing provider Edianzu has received $32m in series C funding from a consortium that includes payment processing firm Lakala, China Money Network has reported.
Venture capital firm Source Code Capital led the round, which also featured Shunwei Capital, Matrix Partners China and Aplus Capital. Lakala, itself backed by conglomerate Legend Holdings, invested through an undisclosed affiliate fund.
Founded in 2015, Edianzu leases IT and office equipment and repair services to small and medium-sized enterprises.
The company leases…
