Business Data Analytics Platform GrowingIO Raises $20M

GrowingIO, a Chinese provider of business data analytics platform, raised $20m in Series A funding.

Backers included Matrix Partners China, New Enterprise Associates and Greylock Partners.

The company, which has raised $22.2m in total funding to date, will use the funds to launch the second version of its solution.

Founded in 2015 by CEO Zhang XiMeng, GrowingIO provides a SaaS platform that allows managers and engineers at Internet companies to collect and analyze business data in real time to support decision making processes and iteration.
Customers include financial companies, Internet companies, electricity providers, and app developers.



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