Aurora Mobile's Investee WakeData Receives USD25M in Series B+ Financing co-led by Tencent and Sequoia
Aurora Mobile (NASDAQ: JG) announced that its investee, WakeData, secured USD 25 million in Series B+ funding, co-led by Tencent and Sequoia Capital China. Existing investors IDG Capital and Redpoint China Ventures also participated. Established in 2018, WakeData specializes in enterprise data services, leveraging AI for digital transformation. This financing round will enable WakeData to enhance its product offerings and invest in advanced technology and marketing strategies, aiming to accelerate digital solutions for enterprises.
- WakeData raised USD 25 million in funding, enhancing its financial position.
- Funding will be utilized to strengthen product offerings and AI technology.
- WakeData has successfully completed four financing rounds since its inception.
- None.
SHENZHEN, China, April 22, 2021 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that one of its investees, Shenzhen WakeData Technology LLC. (“WakeData”), a Chinese enterprise data services provider, has raised USD25 million in its Series B+ financing co-led by Tencent Holdings Ltd (“Tencent”) and Sequoia Capital China (“Sequoia”). Its existing investors, IDG Capital and Redpoint China Ventures, participated in the round. WakeData has completed four rounds of financing since it was established in 2018.
WakeData is a digital enterprise services provider powered by advanced analytical capabilities and artificial intelligence. Integrating customers’ operation and resource management data, WakeData provides digitally enhanced products and services for enterprise customers to optimize the advantages of digital transformation.
Aurora Mobile is an early-stage investor in WakeData's pre-Series A and Series A rounds.
After this round of financing, WakeData will continue to strengthen its product and service offerings, and further invest in its AI-driven technology and marketing capabilities. At the same time, WakeData will work closely with investors to accelerate its iterative upgrades and jointly explore new opportunities in digital industrial transformation for enterprise solutions.
About Aurora Mobile Limited
Founded in 2011, Aurora Mobile is a leading mobile developer service provider in China. Aurora Mobile is committed to providing efficient and stable push notification, one-click verification, and APP traffic monetization services to help developers improve operational efficiency, grow and monetize. Meanwhile, Aurora Mobile's vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making.
Safe Harbor Statement
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For general inquiry, please contact:
Aurora Mobile Limited
E-mail: ir@jiguang.cn
Christensen
In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: eyuan@christensenir.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com
FAQ
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