SaaS provider Yiwise closes over RMB100M Series B round for business expansion
Recently, Hangzhou-based Yiwise announced its series B funding round of over 100 million yuan co-invested by Kaitai Capital, Yealink, and CITIC Securities Investment. The fresh capital will be used for algorithm development, product upgrades, and business expansion.
Established in 2017, Yiwise is a SaaS provider focusing on natural language processing technologies. In terms of the education business, the company provides AI solutions including membership activation, attendance promotion, and course sales for new subjects.
Kaitai Capital believes that marketing has always facilitated the birth of new technologies and new products. In the era of the digital economy, new products centered on AI and big data are emerging in large numbers.
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