After completing the 200 million B round of financing, why is the wit cloud favored?

On August 31, Jizhiyun officially announced the completion of the 200 million yuan B round of financing. This round of financing was jointly invested by Jiu Ren Capital and Jingwei China.

According to data provided by Wisdom Cloud, since the acquisition of China Unicorn's multi-million dollar A round of financing in August last year, the Wisdom Cloud intelligent hardware self-development and cloud service platform now has tens of thousands of developers and thousands of intelligent hardware brands. More than 400 large-scale home appliances, consumer electronics, and commercial Internet of Things customers, the top 50 leading home appliance companies nationwide have become wit cloud customers. As of the end of June 2005, more than 3 million intelligent hardware activation devices such as smart homes and wearable devices were connected to the platform.

Huang Zhuo, founder and CEO of Wisdom Cloud, said that with this round of financing, the wit cloud will vigorously invest in upgrading platform functions and ease of use, making IoT products and services development easier. At the same time, the company will cooperate with the corresponding industry-leading companies to combine the SaaS services (software as a service) of the Internet of Things technology to help the traditional industries such as manufacturing, health care, transportation and real estate to quickly realize the Internet+, help the hardware industry and traditional home appliances. Enterprises quickly realize intelligence.

It is understood that this financing is currently the largest financing of the domestic Internet of Things cloud service industry. Huang Zhuo said that after completing the B round of financing, the company's R & D personnel will be expanded to 300 people. In addition to its own R&D team, Wisdom Cloud will create a “Wit Cloud Cloud Joint Lab” in the fields of IoT information security, machine learning and other top research institutions at home and abroad to conduct forward-looking research.

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