Chinese data analytics firm Kyligence bags $70m in Series D round
April 21, 2021
Chinese data analytics firm Kyligence Inc has raised $70 million in its Series D round of funding led by Shanghai Pudong Development Bank’s offshore investment bank SPDB International.
CICC Capital’s sub-fund along with wealth management player Gopher Asset Management, state-backed Shanghai International Group’s funds of funds Guofang, American family office ASG, Jumbo Sheen Fund, and Shanghai Trust’s Puxin Capital joined the latest round.
Return backers – Shunwei Capital, Redpoint China Ventures and Eight Roads – made a follow-on investment in the Series D round. The three investors had partnered with Coatue Management to inject $25 million in Kyligence’s Series C round in 2019.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Kyligence Raises $70 Million Series D Funding Round
Kyligence, Inc.April 21, 2021 GMT
SAN JOSE, Calif., April 21, 2021 (GLOBE NEWSWIRE) Kyligence, originator of Apache Kylin and the leader in intelligent data analytics, today announced that the company has closed $70 million in Series D funding to continue powering its global expansion and rapid customer adoption. This funding round attracted global investment management organizations, including the round’s lead investor, SPDB International. New investors Alpha Square Group, CICC, Gopher Asset Management, Shanghai Growth Capital, PUXIN Capital, and Jumbo Sheen Group also participated in the round. The round included follow-on investments from existing investors Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited), Redpoint and Shunwei Capital.
Noah Holdings Limited Announces Unaudited Preliminary Financial Results for the Fourth Quarter and Full Year 2020
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SHANGHAI, March 15, 2021 /PRNewswire/ Noah Holdings Limited ( Noah or the Company ) (NYSE: NOAH), a leading wealth and asset management service provider in China with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced its unaudited preliminary
[1] financial results for the fourth quarter of 2020 and the full year ended December 31, 2020.
FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS
N
et revenue
s for the fourth quarter of 2020 were RMB953.2 million (US$146.1 million), a 20.9% increase from the corresponding period in 2019, and an 11.0% increase compared with third quarter of 2020, due to increases in both one-time commissions and performance-based income.
AlleyWatch
Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for February 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis.
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Noah Holdings Limited to Announce Fourth Quarter 2020 Financial Results on Monday, March 15, 2021
Earnings Conference Call to be held on Monday, March 15 at 8:00 p.m. (U.S. Eastern) / Tuesday, March 16, 2021 at 8:00 a.m. (Hong Kong)
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SHANGHAI, March 2, 2021 /PRNewswire/ Noah Holdings Limited ( Noah or the Company ) (NYSE: NOAH), a leading wealth and asset management service provider in China with a focus on high net worth individuals, today announced that it will release its unaudited financial results for the fourth quarter 2020 after the U.S. market closes on Monday, March 15, 2021. The earnings release will be available on the investor relations section of the Company s website at