Big data technology producer Yonghong Tech has secured $30m from investors including Tencent and iResearch Consulting.
China-based big data analytics technology provider Yonghong Tech has raised $30m in a series C round led by internet company Tencent, China Money Network reported today.
Tencent invested through an unnamed unit, and was joined in the round by consultancy firm iResearch Consulting Group, as well as venture capital firms Genesis Capital, Shenzhen Oriental Fortune Capital and Matrix Partners.
Yonghong operates two analytics platforms that offer features including big data, business intelligence and commercial intelligence. Customers can use one product…