BEIJING, CHINA - MARCH, 2018 - Distributed database service provider Borrui Data, the parent company of Rapids Data, received tens of millions of dollars in B round financing from Guoke Jiahe, an investment fund directly under Chinese Academy of Sciences.
Recently, according to sources close to Borrui’s senior figures, on behalf of China in the International Information Standardization Committee, the company defeated Oracle and other international technology monopoly giants and won the right to develop the international markup database for Chinese distributed database vendors. Borrui Data has recently obtained tens of millions of dollars B round financing. This round of financing was led by Guoke Jiahe, an investment fund directly under Chinese Academy of Sciences with Beijing Economic and Information Commission, as a limited partner. The successful financing of Borrui Data marks the Chinese database company leading international big data technology standards.