Wuhan-based low-power wide area network (LPWAN) solution provider Huilian Wuxian Technology (EasyLinkin) has completed RMB 230 mln in Series B+ funding led by China Growth Capital with participation by Qianhai Xingwang Investment Management and Zongzhou Finance. Existing investors IDG Capital, Hina Group and Buhuo Venture Capital also participated.
Of the three layers that comprise an Internet of Things (IoT) - sensor layer, network layer, and application layer - EasyLinkin's business focuses on the provision of solutions for the network layer based on LoRA technology to connect devices to applications.
EasyLinkIn generates profits through IoT project development, sales of connection solutions, and accompanying support services. Target customers include governments and integrators, and applications tend towards campuses and security.
Editor's Note: For more information on this topic, please see Low Power WAN Solution Provider EasyLinkin Wins RMB 150 Mln Series B, MD 4/02/18 issue.