
IDG co-leads round for China security software developer

IDG Capital and CASH Capital, the VC arm of the state-owned Chinese Academy of Sciences Holdings, has co-led a RMB100 million ($15 million) Series B round for Hansight, a Beijing-based cybersecurity company.
The round came one year after the company closed a RMB30 million Series A round from domestic players Hengyu Investment, Nanjing Gaoke and Cybernaut. Lightspeed China Partners provided seed capital to...
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