China BRV-backed Apache DolphinScheduler Completes Nearly Ten Million USD Angel Funding
BEIJING, July 21, 2022 /PRNewswire/ — Apache DolphinScheduler, the next-generation cloud-native DataOps platform, recently raised nearly ten million dollars in angel financing by Kaitai Capital and its seed investor BlueRun Ventures China (“BRV China”). The funding will be used to attract more talent to drive research and development of advanced technologies such as data synchronization and machine learning operations and to enhance the development of the open source DataOps ecology.
Apache DolphinScheduler was founded in August 2021 by members of the Apache Software Foundation and some of the world’s leading data experts. More than 90% of the team is made up of R&D experts, and core members come from IBM, eBay, Informatica, Alibaba, ByteDance, and other big data technology companies.
With extensive experience in big data and cloud computing, Apache DolphinScheduler is dedicated to resolving complex task dependencies in the data pipeline and providing various types of tasks available out of the box.
“Managing the vast amount of data collected from various sources has become a challenge for businesses,” said Jimmy Shi, partner of BRV China.
“Apache DolphinScheduler provides enterprises with a comprehensive set of DataOps solutions to help them better adapt to data processing and governance requirements in the era of big data and cloud native. The team has successfully incubated many well-known open source platforms and has served as the data management powerhouse for thousands of leading companies in the internet, cloud computing, finance and advanced manufacturing industries.We believe Apache DolphinScheduler is perfectly positioned to become a leading global player in DataOps,” said Mr. Shi added.
About BRV China
BlueRun Ventures China (BRV China) is a leading venture capital firm in China with offices at beijing and Shanghai. Having its heritage in Silicon Valley since 1998 and entered China in 2005, BRV China managed over $2 billion via several funds in USD and RMB, with more than $1 billion cash distributions. BRV China is focused on investing in entrepreneurs who create lasting impact through technological innovations in business services, transport and smart machinery, digital healthcare and consumer technologies in China. The company has invested in more than 150 portfolio companies, including Li Auto (NASDAQ: LI), QingCloud (688316.SH), WaterDrop (NYSE: WDH), Energy Monster (NASDAQ: EM), Mogujie/Meilishuo (NYSE: MOGU ), Qudian (NYSE:QD), Ganji/58.com, PPTV, Guazi, Meishubao, Nanyan, Shanzhen, Gaussian Robotics, Yi Auto, Pinecone, etc. ” in China by Zero2IPO and ChinaVenture, and “Consistent Performing Venture Capital Fund Manager” by Preqin.
For more information, please visit https://www.brv.com.cn/en/.
SOURCE BRV China