• Data Grand

  Participated · Series C · Mar 2022

  DataGrand is a Shanghai-based AI and RPA vendor whose platform combines Robotic Process Automation (RPA) with Intelligent Document Processing (IDP) to enable smart office automation. Its system supports scenarios such as contract review, data search and recommendation, automatic reporting and text analysis. Core technologies and solutions include natural language processing (NLP), optical character recognition (OCR), knowledge graphs, intelligent recommendations and hyperautomation. Founded in 2015, the company has deployed its offerings for many Fortune 500 companies’ smart office use cases. DataGrand completed a $90M Series C financing to bolster its market position. It intends to use the proceeds to strengthen its lead in Intelligent RPA and accelerate technical innovation and industrial application of its core products and solutions. DataGrand is a Chinese AI company founded in 2015 and led by CEO Dr. Chen Yunwen. It develops and applies natural language processing (NLP), optical character recognition (OCR), knowledge-graph and RPA technologies to deliver text automation solutions such as documentation review, intelligent recommendation, intelligent search and knowledge mapping. The company notes its solution does not use Microsoft’s underlying development frameworks and is deployed across dozens of vertical industries and by more than 100 enterprises. DataGrand has established strategic partnerships with Microsoft, Sogou and China Ping An Group. Customers include China UnionPay, Shenzhen Stock Exchange, HSBC, Deloitte, China Mobile, Huawei, Haier and Decathlon. It closed a CNY 270m (USD 38m) B+ funding round and intends to use the proceeds to scale up its business.

• WigWag

  Led · Seed · Feb 2016

  WigWag has built an open-source IoT platform (built on the deviceJS runtime) that removes complexities of competing device protocols and provides a unified IoT programming language. Its platform is designed for service providers, developers and consumers to manage and program smart devices so environments can respond to individual behavior and preferences (for example, adjusting lighting, temperature or music automatically). The company plans to launch its platform and consumer products and is actively hiring in Austin to expand software development, testing and marketing teams. WigWag said the recent seed funding will accelerate product development and support expansion of its Austin-based development and marketing teams. The company is headquartered in Austin and also has a presence in San Francisco and China and currently employs 20 people. Management frames the opportunity around broader IoT adoption and increased intelligence at the network edge, citing large market potential for combining IP networking and IoT.

No current team members are available.