[ Transwarp raises $34M in Series C ]

Transwarp has raised $34 million in Series C funding.

Founded in 2013, Transwarp develops a big data technology that provides distributed file storage and data processing solutions. The company provides enterprise-ready stable Spark and Hadoop data platforms in telecommunications, financial services, and the public sector. Transwarp’s products include Inceptor and Hyperbase.

Transwarp plans to use the funds to develop new products and to strengthen and enhance its technology development team.

Funding  Series C
Founded  2013
Country  China
City  Shangai
Founder / CEO  Yuanhao Sun
Deal Size  $34M
Investors  Tencent Holdings
Previous Investors  National Small & Medium Enterprises Development Fund
 Qiming Venture Partners
 Shenzhen Capital Group

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