Shenzhen-based Sleepace, a non-wearable smart device that monitors and helps improve sleep quality, has raised RMB44 million (US$7 million) series B round of financing led by Luolai Home Textile Co., Ltd., according to a company announcement. Chinese e-commerce firm JD.com Inc. also participated in the round. The company says it will use the proceeds on […]

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Wuxi city, Jiangsu province-based cloud computing firm Chinac.com has raised US$100 million series C round of financing from Haitong Securities, according to Chinese media reports. At the same time, Haitong Securities and Chinac.com will launch a RMB1 billion (US$161 million) cloud computing investment fund. Founded in 2010, Chinac.com received series A round from Chinese investment […]

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