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Tingyu Technology

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Accelerating the change of the times, enabling low-latency cloud services to better serve scenarios such as interactive video live broadcast, interactive multiplayer games, and interactive education

ChinaFounded 2019Other B2B Software
Valuation $100–250M Last recorded · 2024
Total funding $10–50M Disclosed equity funding
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About Tingyu Technology

Based in Beijing's Haidian district, Tingyu Technology, officially known as Beijing Tingyu Technology Co., Ltd., was established in 2019. The company was founded by Zhu Bin, who serves as the CEO. His vision is to leverage next-generation computing architecture to deliver groundbreaking products and services that foster industry innovation.

Tingyu Technology operates as a specialized provider of edge computing cloud services. The firm has developed its own elastic, converged, and distributed edge computing network and a cloud platform built upon a vast number of high-quality edge nodes. This infrastructure allows it to offer high-performance, reliable, and cost-effective cloud computing, content distribution, and storage services. The business model focuses on alleviating clients' high costs associated with heavy asset investment in computing power and cloud interaction research and development. The company has demonstrated significant growth, reportedly doubling its revenue for three consecutive years.

The company's services cater to a diverse client base across multiple sectors. In the digital office domain, it serves clients in government, education, and digital twin applications. In the interactive entertainment space, its primary customers include major cloud gaming platforms, VR/AR applications, and metaverse-related ventures. Other key industries served include finance, healthcare, telecommunications, manufacturing, and advertising, all of which benefit from the company's stable edge interactive computing services. One of its flagship products is the Tingyu Cloud Desktop, which utilizes KVM virtualization and advanced streaming technology. This solution offers enhanced data security by centralizing storage and is designed to be cost-effective. The company also provides a high-performance GPU cloud computer service called "Muying Cloud Computer" for professional design, rendering, office work, and entertainment.

Since its inception, Tingyu Technology has successfully completed several funding rounds. After a Series A round in July 2022, it secured nearly CNY 100 million in Series A1 and A2 rounds within a year, led by Cornerstone Venture Capital. Its most recent funding was a Series B round on June 24, 2024, led by Fosun RZ Capital, bringing its total number of institutional investors to nine.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
China
Open positions
None listed
Dealroom signal
19.3/100
Industry
Enterprise Software
Sector
Other B2B Software, Metaverse
Business model
SaaS
Client focus
b2b
Links
Website

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Feb 2025 — — Friend Capital · Xenlaw Investment · Zhuoyuan Capital ↗
SERIES B✓Equity / VC Jun 2024 $28M $110M Beijing United Information Technology · Sichuan Development Fund · Cornerstone Capital · Shunrong ↗
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Growth signals

Tingyu Technology website traffic

Latest recorded traffic for Tingyu Technology is 850 monthly website visits, down 29.2% over the last three months.

Latest monthly visits850 3-month web change-29.2%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • JIF Capital

Series A15 investors entered at this stage

  • Cornerstone Ventures
  • Zhongguancun Venture Street
  • Cornerstone Capital
  • Clivia Capital
  • Zhuoyuan Capital
  • Rongdao Investment
  • Guohai Innovation Capital
  • Fosun RZ Capital
  • Beijing United Information Technology
  • Sichuan Development Fund
  • Shunrong
  • Zhongying Venture Capital
  • Jianxin Capital
  • Friend Capital
  • Xenlaw Investment
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Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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