PE Daily, 2/06/18
Beijing-based IT management visualization solutions provider Uinnova Technology recently said that it completed RMB 120 mln in Series B funding from Yunfeng Capital at the end of 2017. Funds will mainly be used for product development, including interactive visualization platform technologies and smart IT operations data processing technologies.
Uinnova was established in 2012 and operates as a management visualization software provider offering visualization capabilities for IT and IoT management.
Chen Aohan, CEO of Uinnova, said that the company currently has two main product lines. The first product line includes IT visualization products. It offers solutions that combine a complete IT operations and maintenance data visualization platform with IT architecture and performance management and smart operations data processing capabilities to create an algorithmic IT operations (AIOps) platform.
Uinnova's second product line is an Internet of Things (IoT) visualization platform as a service product called Momo Da, launched in 2016. The platform offers 3D network visualization functions for facilities such as smart office buildings and campuses. The company plans to begin promoting the platform officially in H2 2018, and the platform is already being used by telecom equipment maker Huawei and internet conglomerate Tencent (0700.HK) for its new headquarters building project.
Uinnova previously completed RMB 72 mln in Series A funding in April 2016 from Shanghai-based Jinpu Xincheng Mobile Interaction Equity Investment Fund and Shenzhen-based Qianhai Rongyan Youchuang Investment Management.
Yunfeng Capital is a private equity firm established by Alibaba Group chairman Jack Ma, Target Media founder Yu Feng, and Giant Interactive chairman Shi Yuzhu.