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Nanjing Weituo Technology
Industrial software and digital transformation solutions provider
About Nanjing Weituo Technology
Nanjing Weituo Technology Co., Ltd. (Witsoft), established on March 9, 2006, is a provider of industrial digital and intelligent solutions. The company's legal representative is Yang Songgui, and its CEO is Yang Ling. Headquartered in Nanjing, China, Witsoft focuses on developing and implementing digital technologies for the manufacturing industry.
Initially, the company's business involved the research and development of CAD/CAE/PLM digital technologies, later expanding to include WMS logistics software, SRM supply chain software, and industrial cloud software development. As the manufacturing sector moved towards digital transformation, Witsoft shifted its focus to the digital renovation of factories, offering comprehensive industrial internet solutions for specific sectors. The company's offerings include a digital R&D platform (PDP TRIZ), a digital platform for small and medium-sized enterprises (SMEs) called Weiyun Smart Manufacturing, and a Manufacturing Operations Management (MOM) system. Witsoft aims to create digital twins of factories by intelligently upgrading production line equipment and optimizing production processes. This is achieved by integrating functionalities from various systems like CAD, PLM, MES, SRM, and WMS with OT data from equipment, which are then deployed as SaaS-based applications.
The company serves a range of industries, including industrial fast-moving consumer goods, high-tech electronics, high-end equipment, and automotive parts. Its client base includes both large enterprises and SMEs. By serving major clients, Witsoft refines its products and encapsulates industry best practices to build industry-level industrial internet platforms. In August 2020, the company secured tens of millions of yuan in a Series A funding round led by Qiancheng Capital to enhance its industrial internet platforms for these vertical markets.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Jun 2024 | $28M | $110M | CDB Capital | ↗ |
Growth signals
Latest recorded traffic for Nanjing Weituo Technology is 20 monthly website visits, down 93.8% over the last three months. Nanjing Weituo Technology's team grew 0% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
CDB Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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