# Datang Convergence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/datang-convergence

- Industry: Internet
- Headquarters: Beijing, China
- Website: www.bjdv.com
- Total disclosed funding: $16M
- Latest round: Series C (May 30, 2024)
- Investors on record: 2

## About

Founded in 1999 and based in Beijing, China, Datang Convergence is an Internet company that focuses on the research and development of industrial Internet platforms. In 2009, the company acquired the national telecommunications value-added service license. In 2013, it established a subsidiary, Datang Fusion (Harbin) Cloud Technology Co., Ltd. In 2015, the firm was listed on the National Equities Exchange and Quotations. Its stock code is 833035. In 2019, it established R&D centers in Beijing and Wuhan. In May 2024, the firm raised a series C funding for CNY 115 million.

The company's main product is an industrial Internet platform called DTiip. DTiip provides services such as economic analysis, project application management, environmental monitoring and data collection. The company's products are used in government, environmental protection and industrial sectors.

The company’s revenue is generated by providing Industrial Internet platform.

The company will use the series C funding for product development, industrial layout and marketing, etc.

## Funding rounds

- Series C, May 30, 2024, $16M — State Development and Investment Corporation, Guogai Shuangbai Development Fund

## Investors

- State Development and Investment Corporation (https://capitalatlas.ai/funds/state-development-and-investment-corporation) — Series C
- Guogai Shuangbai Development Fund (https://capitalatlas.ai/funds/guogai-shuangbai-development-fund) — Series C
