Smart Hardware Cloud Services Platform 'Jizhiyun' Secures Series B

Sohu IT, 8/31/15

Guangzhou-based software developer Xtreme Programming Group, operator of online smart hardware platform Jizhiyun, recently announced that it has landed RMB 200 mln Series B financing from Juren Capital Management and Matrix Partners China. This round of financing will be used to improve products and services, and to expand into new markets.

In August 2014, Xtreme Programming Group landed USD 7-digit Series A funding from Matrix Partners China. Jizhiyun currently has tens of thousands of users and more than 400 corporate clients.

Editor's Note: Jizhiyun is a cloud services platform for smart hardware products, offering smart hardware developers data analysis services, Wi-Fi onboarding, over-the-air (OTA) firmware upgrades, and customizable hardware communication protocols via Tencent's (0700.HK) WeChat mobile messaging app. For more information on this topic, please see "Smart Hardware Platform Jizhiyun Lands USD 7-Digit Series A," MD 8/06/14 issue.

Keywords: hardware funding software Series B Matrix Partners Juren Capital Xtreme Programming Jizhiyun VC cloud computing smart appliance smart terminal

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