Participated · Equity · Jul 2020

XSKY is a Chinese data infrastructure technology provider. The company develops and supplies technologies for data infrastructure. The article reports XSKY raised 400 million yuan (about $63 million) in a Series F round. No operating metrics such as revenue or user counts are provided in the report. The article does not describe future plans or additional financial details. XSKY (Beijing) Data Technology announced on Friday that it has secured as much as 710 million yuan ($110 million) in a Series E round of financing. The financing round is a Series E and the reported amount equals $110 million. The round was led by Boyu Capital. Boyu Capital is described in the article as a China-focused private equity firm. The article does not provide details on other participating investors, the use of proceeds, products, customers, revenue, or other operating metrics. XSKY (Beijing) Data Technology is identified in the article as a Beijing-based data technology company. The company has garnered a total of 320 million yuan (about $45 million) in a financing led by China state-owned Capital Venture Fund. The report that disclosed the raise was a China Digest item which also mentioned a separate investment in iMotion Automotive Technology. The article did not provide details on the financing instrument, valuation, use of proceeds, or participating co-investors. No founding year, revenue, user metrics, or future plans for XSKY were included in the piece.