The videoconferencing platform developer secured $60.4m in a Qi An Xin-led round that came just over 18 months after an investment by Tencent.

Cybersecurity services provider Qi An Xin has led a RMB400m ($60.4m) series D round for China-based cloud conferencing software developer XYLink, DealStreetAsia has reported.

Investment holding company Shanghai International Group’s Shanghai Guohe Capital also participated in the round, as did private equity firms GP Capital and Dunhong Capital Management.

Spun off by cybersecurity software producer Qihoo360 and also known as Xiaoyu Link, XYLink has developed online conferencing software that utilises artificial intelligence and cloud computing technology. It intends to allocate…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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