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Kyligence Raises $70 Million Series D Funding Round

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Kyligence Raises $70 Million Series D Funding Round Kyligence, Inc.April 21, 2021 GMT SAN JOSE, Calif., April 21, 2021 (GLOBE NEWSWIRE) Kyligence, originator of Apache Kylin and the leader in intelligent data analytics, today announced that the company has closed $70 million in Series D funding to continue powering its global expansion and rapid customer adoption. This funding round attracted global investment management organizations, including the round’s lead investor, SPDB International. New investors Alpha Square Group, CICC, Gopher Asset Management, Shanghai Growth Capital, PUXIN Capital, and Jumbo Sheen Group also participated in the round. The round included follow-on investments from existing investors Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited), Redpoint and Shunwei Capital.

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