China-based UMU platform announces recently its series B round of financing with around 100 million yuan. This deal is led by Gaocheng Capital, and the fund will be used for talent recruitment and organizational development, thereby accelerating product innovation and upgrades.
Founded in 2015, UMU interactive platform with AI technology provides an innovative solution to business training and educational needs. The product allows training leaders and educators to drive performance and results, as well as engage and interact with participants via their mobile devices and project the responses in real-time.
As of the end of 2019, UMU has covered more than 200 countries and regions with over 70 million users. Reviewing its history, the company has completed Angel and Pre-A round in 2016 and raised tens of millions of yuan in A round in 2019.