GGV Capital, Access Technology, Anatole Investment, Jeneration Capital and 5Y Capital led a $270m Series D funding round in PingCAP.

GGV Capital, Access Technology Ventures, Anatole Investment, Jeneration Capital, and Morningside Venture Capital led a $270m Series D funding round in PingCAP, a developer of software products. Additional investors include Coatue, Bertelsmann Asia Investment, FutureX Capital, Kunlun Capital, Trustbridge Partners, Matrix Partners China and Yunqi Partners. "TiDB's thriving global ecosystem, including its diverse contributors, myriad adopters, and its partnership with multiple organizations, powers accelerating product development and validates TiDB's ability to serve the most challenging scenarios across multiple global industries. TiDB is a thriving open-source project, and we have strong confidence in the PingCAP leadership team to enable a growing number of global organizations to flourish and succeed with TiDB," Glenn Solomon, GGV Capital Partner.