Tingyun, an application performance management (APM) service platform managed by Beijing NetworkBench Inc, has raised 400 million yuan ($57 million) in a Series C round of financing, as per a company statement on Monday.
The round saw participation from new investors CICC Capital’s sub-fund CICC Fengtai, China Universal Asset Management Company Limited, GF Securities’ GF Qianhe, and Shenzhen-based Mangrove Capital, among others.
