w88win优德中文版 Assists SequoiaDB in Its Completion of Series-D Funding

Guangzhou SequoiaDB Software Development Co., Ltd (“SequoiaDB”) recently raised several hundred of million yuan in its Series-D funding. w88win优德中文版 acted as the Chinese legal adviser to SequoiaDB and provided legal services for its current round of funding. This financing was led by CICC Capital Management Co. Ltd. and was co-invested by Suzhou Oriza Holdings Corporation and Yuexiu Financial Holdings Industrial Fund. The successful financing has impressed the top professional investors after raising tens of millions of US dollars in June 2016 and tens of millions of US dollars in September 2018, showing its comprehensive strength and ongoing prospects in the global financial distributed database industry.

As a leading financial distributed database company, SequoiaDB was the first company to produce distributed database products. Since its establishment in 2011, it has focused on the financial industry for 9 years, with native distributed databases as its core product. In 2017, SequoiaDB became one of the first domestic distributed databases to be included on the Gartner Database List. At present, SequoiaDB is widely used in more than 100 financial enterprises, especially in the core system of banks, providing a high concurrent, zero downtime online data service for hundreds of applications.

w88win优德中文版’s team was led by Partner ZHANG, Ping.