Kingsware Closes Nearly RMB 500M C+ Financing

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Zhuhai Kingsware Information Technology, a Zhuhai, China-based provider of big data processing, information system integration, and other services raised RMB 500M in Series C+ funding.

The round was led by CDB Capital with participation from Wenrun Investment, Guangdong Finance Fund, CICC Capital, SGUNWEI capital, JUNSAN capital, and ZHENGLING VENTURE CAPITAL.

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The company intends to use the funds to accelerate the R&D of the “RPA+X” product matrix, thus improving its “1+N” ecological layout and further extending its competencies to other industries, and sustaining its leadership in the RPA arena.

In a new product release session, Kingsware introduced the core product K-RPA’s newly upgraded enterprise-level functions and features, and centrally released new products of a virtual digital human secretary, bank intelligent internal control management system, bank regulatory submission centralized management platform, data center on-site management system, and K-EE Kingsware digital transformation teaching and training platform.