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Qingteng Cloud Security Raises CNY300 Million in Series B+ Round

January 15, 2020 11:40 am

Beijing (PingWest)- Qingteng Cloud Security, a saas-based cloud security company headquartered in Beijing, has raised CNY300 million in its series B+ financing round led by Greater Bay Area Homeland Investment Limited.

Following the transaction, Qingteng will use the fresh capital to build a more comprehensive product matrix, promote research and development for server security, expand business nationwide and recruit talent. According to a company announcement, it also plans to help build a digitized Greater Bay Area by leveraging its capabilities in sever security, cloud security and data security.