Chinese Video Broadcast Platform Baijiayun Announces RMB178M Series B Round
2020-09-18 17:37:26

Baijiayun(百家云), a Chinese video broadcast platform that focuses on the education and training industry, today announces its Series B round of financing with 178 million yuan. This round is led by GP Capital, with Qinglan Capital, CASH Capital, and Houde Qianhai Fund also participating.

Founded in 2017, Baijiayun provides one-stop video and audio technology solutions based on cloud computing, using leading audio and video technologies to help enterprises expand and innovate, and offer education, finance, medical, government, and corporate broadcasting. 

For its products, Baijiayun has both horizontal and vertical layout. The company vertically focuses on audio and video technology, serving education and corporate training scenarios like large- and small-sized classes, dual-teacher live-streaming classes, and video conferences. Horizontally, the company expands SaaS product lines based on customer needs such as online school system and corporate training system. In recent years, Baijiayun has been also tapping into sectors including social marketing, video AI recognition, smart classrooms, and big data processing.


Related Articles