QZing Technology, a China-based software developer, has reportedly raised “tens of millions of US dollars” from a consortium led by local internet conglomerate Tencent and computer company Legend’s corporate venturing unit.
Alongside Tencent and Legend Capital in the round were Zhongguancun Longmen Fund, Oriza Holdings’ sub-fund Oriza FOFs and Xingwen Investment, according to news provider DealStreetAsia.
Founded in 2007, QZing was incubated by Chinese software player Neusoft and Shenzhen-listed information system developer DHC Software, DealStreetAsia added.
