On July 10, 2023, Historage Tech officially completed a Series A funding round worth tens of millions of RMB. This is the company's second round of funding this year, following the investment from Hefei Gaotou in April. The investor for this round is Qi-An-Chuanfa Fund. The funds raised will be mainly used to accelerate market expansion and continue the technological development and product innovation of Historage Tech's "Seastone Data Platform."
Founded in 2017, Historage Tech has been dedicated to product research and development, solidifying its competitive advantages. It has now evolved into an integrated data services company that provides platform-level AI engines, data governance, and data security. Compared to traditional data governance providers driven by compliance, Historage Tech is at the forefront of advocating for simultaneous progress in data governance and data security. They have created the "Seastone Data Platform" based on AI deep learning. Through machine learning, it automatically classifies and categorizes data, transitioning from "active governance" to "automatic governance" in data security management. Additionally, by adapting to complex data environments in various departments such as procurement, production, warehousing, and sales through their big data platform, Historage Tech has the capability to ensure real-time data security governance across departments, regions, and borders. This facilitates secure data circulation throughout the entire lifecycle, ensuring internal data security for enterprises and enabling the external application of data security in various business scenarios to accelerate customer business growth.
Qi-An-Chuanfa, the investor in this funding round, stated, "With the accelerated development of the digital economy, data has become a crucial production factor and has a significant impact on the transformation of traditional economic structures. As the value of data increases and the demand for data from both government and enterprises grows, the traditional approach of 'compliance-driven data governance' is gradually evolving into 'business-driven data governance.' Historage Tech combines data security governance with business operations, aiming to create an integrated data governance platform product that empowers businesses, aligning with the important development direction of the future digital economy."