Bertelsmann Asia Investments contributed to a round that the distributed database developer will use for global growth and research and development.

US-based database software provider PingCap received $270m today in a series D round that included Bertelsmann Asia Investments, a corporate venture capital vehicle for media group Bertelsmann.

GGV Capital, Access Technology Ventures, Anatole Investment, Jeneration Capital and 5Y Capital co-led the round, which also featured Coatue Management, FutureX Capital, Kunlun Capital, Trustbridge Partners, Matrix Partners China and Yunqi Partners.

PingCap is the creator of an open-source distributed database platform called TiDB as well as a version called TiDB that has…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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