PingCAP was founded in April 2015, and provides enterprise-level and cloud-based services and technology for TiDB, a cloud-native NewSQL database which the company began building since its inception. Its mission is to build a hybrid transactional and analytical processing database with global scalability, so companies can count on TiDB as its single unifying database solution, spend less time managing multiple databases, and more time delivering business value for their customers and users. PingCAP has a global customer base that includes Mobike, Bank of Beijing, Hulu, Lenovo, and Ele.me.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 09/11/18 | $50,000,000 | Series C |
China Growth Capital Fosun International Matrix Partners Morningside Venture Yungi Partners | undisclosed |
| 11/18/20 | $270,000,000 | Series D |
5Y Capital Access Technology Ventures Anatole Investment Bertelsmann Asia Investment Coatue Management FutureX Capital GGV Capital Jeneration Capital Kunlun Capital Matrix Partners Trustbridge Partners Yunqi Partners | undisclosed |
