Chinese digital upgrade service provider WakeData has recently raised US$10 million in a series B round financing led by Redpoint Ventures China and Sequoia Capital China, with participation from IDG Capital. This is the third financing since the establishment of WakeData. In November 2018, WakeData completed a pre-A round of financing of RMB30 million led by IDG Capital, participated by Mandra Capital, Meizu, Jiguang and Microfountain. In February 2019, WakeData raised tens of millions of yuan in Series A financing led by Sequoia Capital China.