Direct hit|Smart door lock enterprise Yunding Technology completed 270 million C + round financing

Yunding Technology was established in May 2014. In 2014, it completed millions of angel round financing; in 2015, it completed A round of 15 million financing; in 2016, it completed tens of millions of rounds of round B financing; in March 2017, it completed B+ round of 51 million financing. In September 2017, the C round was nearly 100 million yuan in financing.

Chen Bin, founder and CEO of Yunding Technology, said at the press conference that after four years of development, Yunding Technology has had in-depth layout and development in the apartment and home market. In the apartment market, Yunding Technology's apartment brand “Yunding Smart” has created an intelligent solution for apartments that combines smart door locks, smart water meters, and apartment smart equipment SaaS management systems. With a market share of 60%, more than 5,000 co-ops, over 80% of TOP100 branded apartments, and more than 3 million tenants, covering more than 100 cities and regions across the country.

In the home market, Yunding Technology's home brand “Lu Ke” has a variety of products such as smart door locks, smart cat eyes, smart doorbells, door and window sensors. In the past 618 E-Commerce Festival, the sales of the Luke brand exceeded 80 million yuan.

Chen Bin said that Yunding Technology will further promote industrial transformation in the next step, and invest C+ round financing in innovation and upgrade in the direction of supply chain, delivery service, channel and data service, and fundamentally solve the difficulties of some industries. Improve the efficiency of the entire industry.

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