Jiguang, a China-based mobile data provider backed by conglomerate Fosun, has raised an undisclosed eight-figure dollar amount in a series D round led by financial services group Fidelity International, China Money Network reported today.
Founded in 2011, Jiguang provides data on consumer trends and tastes for mobile use, analysing activity and location, and supplying data covering precision marketing and financial risk.
The company, which also regularly publishes consumer data reports on specific segments of the mobile market, has supplied its services to more than 500,000 app developers, according to China Money Network.
Fosun’s corporate venturing unit, Fosun Kinzon Capital, participated in a $10m series B round in 2015 back when Jiguang was known as JPush, investing alongside IDG Capital, the venture capital group then operating as an affiliate of IT media company International Data Group, and VC firm Mandra Capital.
IDG Capital had invested an undisclosed amount in Jiguang as part of a 2014 series A round, and the company subsequently received an undisclosed eight-figure dollar sum in a June 2016 series C.