China’s IT Service Provider Rizhiyi Raised ￥80 Million in a Series B Round Funding

China’s IT serviceprovider Rizhiyi raised ￥80 million in a series B round funding by Danhua Capital, Prosperity Investment and Sequio China. The investment will be used to increase investment in product R&D, improve sales system, expand channels, and improve distributor training and accreditation system.

Established in 2014, Rizhiyi is a real-time big data research and analysis engine. IT log data is the data of time sequence mahince. Centering around the collection, monitoring, search, analysis, and visualization of log and index data, Rizhiyi builds end-to-end anaylsis capacity and intergrate smart technologies including machine learning to provide smart log center solutions to clients.