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Sensors Data completes Series C financing of USD44 million

2018-04-11

April 11, 2018--Sensors Data, China's leading user behavior analysis and solutions provider, announced today the company has closed its Series C financing totaling US$ 44 million. The financing is led by an affiliate of Warburg Pincus, with Sequoia Capital China, DCM Ventures, Xiang He Capital, Morningside Venture Capital, Linear Venture and Future Capital co-investing in the round. China Taihecap served as the exclusive financial advisor of the financing.

Sensors Data became the first Chinese big data company in the user behavior analytics vertical to receive Series C financing. With the new funding, the company will invest more in product R&D, market scaling and professional services.

Sensors Data was founded in April 2015 by a group of ex-BAT founders with 11+ years of experience in the big data analytics field. The company focuses on providing user behavior data analytics platform and insights to enterprise clients. Its core product, Sensor Analytics, helps enterprise customers to conduct data collection, modelling, deep dive analysis, and provides a flexible PaaS platform to meet with industries clients' customized development demands.

Source: https://www.prnewswire.com/news-releases/sensors-data-completes-series-c-financing-of-us44-million-led-by-warburg-pincus-300629209.html

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