Announced
Completed
Sequoia led a $22m Series B round in BizSeer.
Financials
Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Domestic
Minority
Completed
China
Acquisition
Venture Capital
Private Equity
Software
Friendly
artificial intelligence
Private
Single Bidder
Synopsis
Sequoia led a $22m Series B round in BizSeer, a Beijing-headquartered startup that develops artificial intelligence for IT operations, with participation from Shunwei Capital, Gaorong Capital, Future Capital, and Oriental Fortune Capital. With the fresh funds, BizSeer plans to hire talent and develop its product, according to a statement.
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