Tiger Global Management Leads US$44-Million Series C Round for

Source(s): GaiaWorks, China Money Network | Author(s): Violet Tang

Global private investment firm Tiger Global Management has led a CNY300-million (approximately US$44 million) Series C funding round for China-based software developer GaiaWorks. Existing investors Warburg Pincus and Matrix Partners also participated in the round. GaiaWorks, which provides workforce management software and cloud services to manufacturing, retail and services companies in China, will use the funds to grow operations and invest in machine learning and artificial intelligence research and development.