Tao Jianhui, legal representative of Beijing Tao Si Data Technology Co. On May 24, 2021, the Internet of Things (IoT) big data platform "Tosi Data" of Beijing Tosi Data Technology Co., Ltd. completed $47 million in Series B financing.
:Beijing TAOS Data Technology Co., Ltd (TAOS Data) is a company focusing on the collection, storage, query, calculation and analysis of time-series spatial data. Without relying on any open source or third-party software, we have developed TDengine, a high-performance, scalable, highly reliable, zero-management distributed time-series spatial data engine with independent intellectual property rights and self-control, which can be widely used in the Internet of Things, automotive networking, finance and other fields, and makes the cost of data monitoring and analyzing system drop by 80%. The company has applied for a number of technical invention patents, and all of them have been submitted to the PCT patent application. TAOS Data aims to provide full-stack, high-performance and low-cost big data technology solutions for the big data industry in the era of IoT and Industry 4.0 through technological innovation, to become a technology engine in the era of big data, and to create social and commercial value.
In June 2017, Beijing TaoShi Data Technology Co. Ltd. received angel investment from MingShi Capital and Barbarian Fund. In February 2019, Beijing TAOS Data Technology Co., Ltd (TAOS Data) announced the completion of Pre-A round of financing, the investors are Yonghui Ruijin and Wenqing Investment. This round of financing will be mainly used for technology development and marketing, especially for overseas market expansion mainly in the United States. On May 24, 2021, IoT big data platform "Tao Si Data" completed $47 million Series B financing, led by Matrix Partners China, followed by Sequoia Capital China Fund, GGV Jiyuan Capital, and Exponential Capital, with Exponential Capital acting as the exclusive financial advisor. The financing is mainly used for team expansion and marketing.