(Yicai Global) Oct. 10 -- Tongdun Technology Co., a risk management and data analysis and application company, has secured USD72.8 million in C-round financing to enhance its integrated services and product innovation.

Cinda Sinorock Global Portfolio Limited Partnership II, Hangzhou Tiantu Capital Co. and world investment giant Singaporean Temasek Holdings Ltd. led the round, with support from Advantech Capital and other shareholders. Tongdun Technology it is now a unicorn in the intelligent risk management field, with a valuation of over USD1 billion, domestic media reported.

Founded in October 2013, Tongdun's main businesses include helping clients detect and identify fraud and credit risks. Its product system also covers overdue debt management, the exploration of a customer's value, insurance technology and mobile security.

The company has provided decision analysis products and services to more than 7,000 organizations in China and has been monitoring over a million cyber-fraud groups. It can communicate with its clients in real time.

Tongdun has past breakeven, and with the new funding plans to enhance its integrated services and global cooperation. It hopes to invest USD100 million in product innovation, building computing capacity and offering employee benefits, Jiang Tao, chief executive, said.