FXiaoke, the China-based operator of enterprise software service Facishare, has raised $50m in series C funding from investors including IDG Capital, the Chinese corporate venturing affiliate of media company IDG.
DCM led the round, which also featured Northern Light Venture Capital. Northern Light led a $10m round for FXiaoke in July that also included Huaruan Venture Capital and Boya Capital.
The latest round reportedly values the company at four times its July valuation, though precise numbers have not been disclosed.
IDG Capital previously invested $3m in FXiaoke for its 2012 series A round, secured the year after it was founded.