China-based home cleaning services provider Yunjiazheng has closed a $12m series B round led by SIG China, the local subsidiary of trading and technology firm Susquehanna International Group, China Money Network reported yesterday.
SIG was joined in the round by venture capital firm Blue Run Ventures.
Founded in 2010, Yunjiazheng has built a platform that enables home owners to book professional cleaning staff. The cash will support an expansion of the service, which is currently available in 12 Chinese cities, into more locations and further improvement of the offering.
Blue Run Ventures invested $10m in Yunjiazheng December 2014. The company previously also secured angel funding from Zhonglu Capital, though it has not disclosed further details of its investment.