Dec 31, 2020 10:02 AM (GMT+8) · EqualOcean
EMQ (Hangzhou Yingyun Technology Co., Ltd.), an open source basic software company, received nearly 150 million yuan in round B financing. This round of financing was led by hillhood venture capital and followed by GGV. The old shareholders Jiayu fund and Dongfang Fuhai continued to follow the investment. Yibai capital acted as the exclusive Financial Consultant of this round of financing. This is the second financing completed by EMQ this year. The funds raised in this round will be mainly used for the construction of European R & D centers, the construction of customer service and sales teams, and the research and development of new products.