SSqian Raises More Funds To Expand Digital Signature Services

News Source:

Seeking to capitalize on a proposed government regulation requiring online lending businesses to use electronic signatures, venture capitalists have poured money into SSqian, a two-year-old Chinese startup that hopes to ride demand for the digital marks.

Shunwei Capital led the series A+ round in the company and existing investors Matrix Partners and DCM also participated. It is unclear how much was invested and what size of stake the VCs claimed, so this A+ round could be part of a marketing and media push for the company.

SSqian previously raised RMB7 million in a pre-A round from Matrix Partners and a RMB30 million series A led by DCM and joined by Matrix.

The company charges RMB6 per contract for clients needing to sign under 10,000 contracts. Users can also search and view any contracts by connecting to SSqian's cloud computing pl...

This news article comes via , who is the copyright owner of this information and news. has licensed the rights to this article and any republication or re-distribution in whole or in part of this content is strictly prohibited without the express consent of

You May Also Like