Zhubajie Leads $10M Series B Round In 51Shebao

Zhubajie, an online outsourcing platform for professional services, has led a US$10 million series B round in 51Shebao, a corporate outsourcing platform that helps companies manage their social security and human resources needs.

Existing investor China broadband capital also participated, according to an announcement (in Chinese).

Zhubajie, which operates the Zbj.com web portal, says it will cooperate with 51Shebao and incorporate its services to its existing corporate clients.

Founded in 2014, 51Shebao received US$4 million series A round in 2015. The current round is its series B round, and will be used to expand its teams and product improvement, says the announcement.

Zhubajie mostly serves small and medium enterprises, providing services including design, software development, bookkeeping, and marketing.