Tungee, a Guangzhou, China-based sales intelligence company, completed an RMB 120m (~$17m) Series B financing.
The round was led by Sequoia Capital China, with participation from Qiming Venture Partners.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2016 by Li Zhan, CEO, Tungee provides SaaS based sales intelligence services that cover everything from leads generation to customer management, with specific products including Tungee Outbound SaaS, Tungee Inbound SaaS, Tungee Engage SaaS, Tungee CRM, etc. The company’s products are based on an enterprise database, covering more than 100 million entities, with over 10,000 data dimensions and more than 100 million web pages crawled and updated daily.