Chinese big data company Sensors Data on Thursday announced the close of its Series C financing round of $44 million led by an affiliate of private equity major Warburg Pincus.
The round saw co-investments from Sequoia Capital China, DCM Ventures, Xiang He Capital, Morningside Venture Capital, Linear Venture and Future Capital. The startup will use the fresh funds to invest more in product R&D, market scaling and professional services, it said in a statement.
