Recently, intelligent IoT service provider Lenovo Connect, a subsidiary of Lenovo, announced its completion of the strategic round of financing, which was invested by Dongfeng Auto. The money was expected to be used for product R&D, including 5G Cloud Platform and automotive AI system.
On October 21, intelligent IoT service provider Lenovo Connect (Chinese: 懂的通信), a subsidiary of Lenovo Capital & Incubator Group (Chinese: 联想集团), announced its completion of the strategic round of financing, which was invested by SOE Dongfeng Auto (Chinese:东风汽车). It is reported that Lenovo Connect has received more than CNY 100 million (USD 14 million) from its B-round financing this June, which was also invested by SOE.
Established in 2015, Lenovo Connect is a holding subsidiary of Lenovo Capital & Incubator Group and is committed to becoming the world's leading innovative IoT service provider. The company has cooperated with many intelligent enterprises, including global network operators, hardware manufacturers, platform developers, system integrators and service providers. The company has a wealth of connection resources, cloud platform resources, big data and artificial intelligence resources. Based on hybrid cloud platform services, Lenovo Connect provides customers with an ICBAG system integrating IoT, Cloud, Big Data, AI and Global Service.
Lenovo Connect's business covers smart IoV, smart interaction devices, intelligent government and finance, sharing economy, new retail, smart payment, industrial and agricultural IoT and other fields. In the future, Lenovo Connect will increase the investment in product R&D and maintain competitiveness in IoT worldwide.