# Rivtower Techonology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rivtower-techonology-co

- Industry: IT Infrastructure
- Headquarters: Hangzhou, China
- Website: www.rivtower.com
- Latest round: Series A (Sep 21, 2020)
- Investors on record: 3

## About

Established in 2019 and based in Hangzhou, China, Rivtower Techonology Co.,Ltd. operates as a blockchain software company that provides blockchain solutions. The company promoted CITA 1.0 version in September 2019. The company completed series A funding from dawan district common home fund and China merchants bank international in September 2020. The company promoted cloud native blockchain framework CITA-Cloud 1.0 version in November 2020. Xiaoliang Wang is the CEO and founder of the company. The company cooperates with many companies, such as China Merchants Bank, China Mobile, China information and Communication Research Institute and State Power Investment Corporation. The company has additional office located in Beijing, Shanghai and Suzhou.

The company provides blockchain solutions for many industries, such as finance, government affairs, energy and industrial internet. The business of the company includes research and development of blockchain basic technology, blockchain application tools and blockchain management platform. The company's products include data element ownership and circulation platform RivTrust, enterprise blockchain management platform RivSpace, cloud native blockchain development framework CITA-Cloud and open source alliance chain underlying CITA.

In July 2022, the company will plan to develop blockchain technology and web3.0 tool components, intensify cooperation with cooperative partner.

## Funding rounds

- Series A, Sep 21, 2020 — CMB International Asset Management, iPaynow, Greater Bay Area Homeland Investments Limited

## Investors

- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series A
- iPaynow — Series A
- Greater Bay Area Homeland Investments Limited (https://capitalatlas.ai/funds/greater-bay-area-homeland-investments-limited) — Series A