Ming And Lue Data Received 2 Billion Financing Upgrade "Ming Lue Technology Group"

Big data enterprises announced the completion of 2 billion yuan D round of financing, led by Tencent, Jin Tuo capital, Hua Xingxin economic fund and China Aviation trust and investment, after the valuation of about billions of dollars.

At the same time, CEO Wu Minghui announced that the data was renamed "Ming Lue Technology Group".

Wu Minghui said that the "Ming and Lue data" upgrading "Ming Lue Technology Group" means that Ming and technology will be able to solve the bigger problems by using AI and the Internet of things beyond the "data" level.

In the future, Ming Lue Technology Group will open up the perception and cognitive intelligence, and connect the wisdom of people, machines and organizations through multi-modal artificial intelligence and big data technology.

The implementation of higher order AI applications with the ability of analysis and decision making enables efficient operation within the organization, allowing more people and resources to invest in innovative work.

Public information shows that Ming and Lue data was established in 2014. It was a big data App Co. It worked hard in the fields of public safety, finance, industry and Internet of things. Based on the knowledge map database's landing practice, it helped industry customers realize business intelligence.

In July 2015, it completed the A round of nearly 100 million yuan RMB financing, and invested by Silicon Valley paradise. In 2016, it completed the B round of 200 million yuan financing in 8 months, and was invested by the Sequoia Capital China Fund. In April 2018, it received 1 billion yuan C round of financing.