(Yicai Global) Nov. 3 -- Shenzhen Zhuiyi Technology Co. (Zhuiyi Technology) has secured USD21 million in series B funding.
Sinovation Ventures led this round, joined by Granite Global Ventures Capital (GGV Capital) and the company's initial shareholders Morningside Venture Capital and Banyan Capital.
"After the Series-B funding, the company will intensify its efforts to research and develop technologies, iterative innovation of products and recruitment of talent and further explore customers' needs for smarter company solutions," explained Wu Yue, its chief executive. In future, from interaction between people and enterprises to the value remodeling of products, services and business value, Zhuiyi Technology will continually explore the field of enterprise service to transit from a conventional company to a smart one with the help of artificial intelligence (AI) technology, the company announced yesterday.
Zhuiyi Technology focuses on deep learning and natural language processing, which enables it to devise intelligent solutions for interactions between humans and enterprises through the extensive activation of AI in an enterprise scenario. Yibot, an intelligent service system developed by Zhuiyi Technology, can satisfy AI application requirements in several fields, such as man-machine coordination, Big Data analysis and personalized services.
YiBot finds wide use in finance, internet, travel, retail, real estate and education, and has successfully wooed many customers including Didi Chuxing -- owned by Beijing Xiaoju Keji Co. -- Ctrip.com International Ltd. [NSDAQ:CTRP], China Mobile Ltd. [HK:0941] and Ofo -- which belongs to Beijing Bikelock Technology Co. -- and Xiaomi Technology Co.