PingCAP, a US-based enterprise-grade software developer best known for its flagship product TiDB, has raised $270 million in a Series D round of financing, it announced on Tuesday.
The fund was jointly led by global venture capital firm GGV Capital; Access Technology Ventures, an over-$2-billion investment arm of US-based Access Industries; Hong Kong-based investment management firm Anatole Investment; Greater China-focused growth capital asset manager Jeneration Capital; and China’s 5Y Capital (formerly known as Morningside Venture Capital).
