Thinking Data Secures C Round Financing Worth $59 Million Led by Sequoia China
Thinking Data, a domestic big data analysis service provider for the game industry, announced the completion its round C financing worth 376 million yuan ($59 million). This round of financing was led by Sequoia China, followed by Linear Capital, Blue Lake Capital and GSR Ventures.
After completing this round of financing, Thinking Data will increase its investment in new product research and development, service upgrades, overseas expansion and team building. Its next goal is to build a brand-new data infrastructure for global games.
According to Tianyancha App, since the establishment of the company, Thinking Data has completed five rounds of financing, among which the latest round of 100 million yuan of financing was led by Blue Lake Capital in March 2021.
Thinking Data was established in 2015, and its main business is to provide customers with integrated solutions ranging from data collection and storage modeling to data analysis and display. Thinking Data hopes to bring customized solutions to various sub-categories of games, and create a knowledge base dedicated to the game industry.
In July, 2021, Thinking Data released a white paper on data-driven growth of the game industry, which includes its own insight into the trends of the game industry and the data of many popular games.
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In November 2017, Thinking Analytics, another company focusing on the analysis of big data for the gaming industry, entered the R&D process. the company’s system integrated solutions covering data acquisition, storage modeling, real-time calculation, analysis and display.