Aurora Mobile's Investee WakeData Receives USD25M in Series B+ Financing co-led by Tencent and Sequoia
April 22 2021 - 6:00AM
Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the
“Company”), a leading mobile developer service provider in China,
today announced that one of its investees, Shenzhen WakeData
Technology LLC. (“WakeData”), a Chinese enterprise data services
provider, has raised USD25 million in its Series B+ financing
co-led by Tencent Holdings Ltd (“Tencent”) and Sequoia Capital
China (“Sequoia”). Its existing investors, IDG Capital and Redpoint
China Ventures, participated in the round. WakeData has completed
four rounds of financing since it was established in 2018.
WakeData is a digital enterprise services
provider powered by advanced analytical capabilities and artificial
intelligence. Integrating customers’ operation and resource
management data, WakeData provides digitally enhanced products and
services for enterprise customers to optimize the advantages of
digital transformation.
Aurora Mobile is an early-stage investor in
WakeData's pre-Series A and Series A rounds.
After this round of financing, WakeData will
continue to strengthen its product and service offerings, and
further invest in its AI-driven technology and marketing
capabilities. At the same time, WakeData will work closely with
investors to accelerate its iterative upgrades and jointly explore
new opportunities in digital industrial transformation for
enterprise solutions.
About Aurora Mobile Limited
Founded in 2011, Aurora Mobile is a leading
mobile developer service provider in China. Aurora Mobile is
committed to providing efficient and stable push notification,
one-click verification, and APP traffic monetization services to
help developers improve operational efficiency, grow and monetize.
Meanwhile, Aurora Mobile's vertical applications have expanded to
market intelligence, financial risk management, and location-based
intelligence, empowering various industries to improve productivity
and optimize decision-making.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “future,”
“intends,” “plans,” “believes,” “estimates,” “confident” and
similar statements. Among other things, the Business Outlook and
quotations from management in this announcement, as well as Aurora
Mobile’s strategic and operational plans, contain forward-looking
statements. Aurora Mobile may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission, in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including
but not limited to statements about Aurora Mobile’s beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: Aurora Mobile’s strategies; Aurora
Mobile’s future business development, financial condition and
results of operations; Aurora Mobile’s ability to attract and
retain customers; its ability to develop and effectively market
data solutions, and penetrate the existing market for developer
services; its ability to transition to the new advertising-driven
SaaS-model; its ability maintain or enhance its brand; the
competition with current or future competitors; its ability to
continue to gain access to mobile data in the future; the laws and
regulations relating to data privacy and protection; general
economic and business conditions globally and in China and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in the
Company’s filings with the Securities and Exchange Commission. All
information provided in this press release and in the attachments
is as of the date of the press release, and Aurora Mobile
undertakes no duty to update such information, except as required
under applicable law.
For general inquiry, please
contact:
Aurora Mobile LimitedE-mail:
ir@jiguang.cn
ChristensenIn ChinaMr. Eric
YuanPhone: +86-10-5900-1548E-mail: eyuan@christensenir.com
In USMs. Linda BergkampPhone:
+1-480-614-3004Email: lbergkamp@christensenir.com
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