Shanghai-based trucking dispatch mobile app maker Yunmanman has completed series C round of financing amounting to hundreds of millions of RMB led by Yunfeng Capital, according to Chinese media reports.
Existing investors Sequoia Capital and Lightspeed Venture Partners also participated.
Launched in 2013, Yunmanman completed US$5 million series A round from Lightspeed Venture Partners in November 2014.
In May 2015, the company raised at least RMB100 million from Lightspeed Venture Partners and Sequoia Capital, according to Chinese media reports.
Yunmanman’s mobile apps connects truck drivers with logistic companies, allowing them to dispatch, monitor and and source services more efficiently.