Chinese venture capital firm Fosun RZ Capital has led a RMB150 million (US$23 million) series A+ round in Zhizhangyi, a start-up developing Internet security products for smartphones. It marks the largest fundraising deal in the Chinese mobile security industry, according to a company announcement. China Growth Capital and APU Investment also participated in the round. Founded in 2014 and headquartered in Beijing, Zhizhangyi provides mobile security solutions, including mobile app penetration testing, smartphone management and mobile data leakage protection. Its …
Fosun RZ Leads $23M Round In Chinese Mobile Security Firm Zhizhangyi appeared first on China Money Network.