YunheZhi.com, a leading enterprise in high-end network chips, recently completed more than 400 million yuan pre-A+ round of financing. This round of financing is led by Haisong Capital, LFC, Chaos Investment, Yinshengtai Capital, Xiaoshan Development Zone Industrial Fund, China Merchants Securities, Zhongguancun Core Innovation Fund, Sharing Investment, Huagai Capital, and the old shareholders Qianhai Fund, Huoshui Capital, Linxin Capital, GSR Capital, etc. continue to increase, and Light Source Capital continues to serve as the exclusive financial advisor.
In the past year, Yunhe Zhiwang has rapidly completed three rounds of financing, with a cumulative financing amount of nearly 1 billion yuan. After the completion of this round of financing, the company will continue to accelerate chip research and development and market landing, and further improve team building.
Chen Liguang, CEO and managing partner of Haisong Capital, said: "Network switching chips are one of the most important chips in data centers, and the rapid growth of data centers in the digital era also provides a solid foundation for the development of network switching chips. The technical barriers to network switching chips are extremely high, and there is an urgent need for domestic network switching chip enterprises that are competitive in the global market. Yunhe Zhi network has a domestic first-class R & D and marketing team, will have the opportunity to become a domestic and even global network switching chip leader. As a private equity investment institution with deep industrial resources in the hard technology industry, Haisong Capital has rich industrial experience and investment layout in related fields such as data centers and semiconductors, and will continue to support the long-term development of Yunhe Zhi network in the future. ”
Chaos Investment said: "We believe that in the context of national digital construction, data center infrastructure will take the lead in benefiting, and switches are the core network equipment of data centers. The switch chip industry has long been monopolized by overseas manufacturers, and domestic cloud service manufacturers urgently need independent and controllable products to break the pattern, and the switch chip of Yunhe Zhi network is the key to solving the pain points. Yunhe team has rich experience, deep technical background, and complete team architecture in the field of network chips, and we believe that the company can use its own advantages and international vision to fill the gap of domestic manufacturers in the high-end network chip industry. ”
Zhu Lulu, Managing Director of Yinshengtai Capital, said: "Yunhe Zhiwang is a company with great competitive advantages in the rapid development of data centers and 5G communication networks, and Yinshengtai Capital has been paying close attention to it since the early stages. The company's high-end network switching chip is positioned to fill the gap in the domestic market, the founding team has an international vision and mature operation management experience, and the core technical team has rich experience in tape-out. In addition, as a start-up company, Yunhe Zhiwang has increased its innovation and research and development efforts, and its chips and solutions will meet the new needs of domestic customers facing innovative network architecture. Based in China and looking at the world, Yunhe Zhi network is expected to become a truly world-class chip company, and Yinshengtai Capital will continue to witness and support the development of the enterprise. ”
Chen Yiqi, general manager of Xiaoshan Development Zone Industrial Fund, said: "YunheZhi Network is a high-tech project introduced by Xiaoshan Development Zone. Yunhe Zhiwang has a world-class founding team, who not only have an international vision, but also are very local. Data centers are the core infrastructure of the future digital era, and Yunhe Zhiwang's strong research and development capabilities in the field of switch chips will certainly make great contributions to China's digital construction. We look forward to greater development of YunheZhi Network in Xiaoshan Development Zone! ”
Jia Shibo, head of the strategic enterprise team of CSIC Investment, said: "In the era of big data, the value of the underlying hardware of data, especially the chip, will be revalued, and the chip field directly related to big data will obviously benefit. From the perspective of the global and continental switch and switching chip markets, the switching chips on the market are mainly monopolized by Broadcom and Cisco. Although in the mainland switch equipment market, domestic manufacturers have a high degree of participation, but the core chip market of domestic high-end network equipment is still mainly occupied by overseas enterprises, and the demand for localization substitution is very strong. Therefore, the switch core chip mainly played by YunheZhi Network will have a very broad market space. The company's founders have held important positions in top network and chip companies in Silicon Valley and have rich experience in technology, research and development, management and entrepreneurship. We are willing to accompany the excellent team of YunheZhi Network to live up to expectations, successfully break the monopoly of foreign manufacturers in the field of core chips of high-end network equipment, and become an important force at home and even internationally. ”
Ma Jianping, general manager of Zhongguancun Core Innovation Fund and partner of Qihang Investment, said: "With the acceleration of 5G, cloud computing, automatic driving and other technologies, the amount of data in the network will once again show a geometric explosion, as a core technology product of network equipment, network chips and network operating system software will be a huge market with a scale of hundreds of billions of yuan and sustained high-speed growth." The core team members of Yunhe Zhiwang have the world's leading technology research and development strength and business innovation experience in the field of network chips and systems. The company is also one of the important layouts of Zhongguancun Core Innovation Fund in the field of data centers, hoping that YunheZhi Network will deeply cultivate the network industry, establish a domestic independent and controllable network ecology on the basis of research and development of domestic independent network chips, and contribute to improving the overall performance of the national network and supply chain security. ”
Jiang Xingwei, managing director of sharing investment, said: "Yunhe Zhiwang is a company that makes up for the gap of domestic high-end network switching chips, the field is quite difficult, has been dominated by American companies such as Broadcom, yunhezhi network team background is very strong, it can be said that it is the only team in China that can develop domestic chips. We believe that with the construction of data centers, the domestic replacement demand for domestic high-end network switching chips will become stronger and stronger, and YunheZhi Network is expected to break the monopoly situation of foreign countries in the future and become a unicorn in the field of domestic high-end network switching chips, and the sharing investment will also fully support the development of enterprises. ”
Huagai Capital said: "Data centers are the key track of the digital age, and the switch chip that Yunhe Zhiwang focuses on research and development is one of the most important logic chips in data centers, and the industry ceiling is extremely high. The core members of the team have been working in the industry's international leading enterprises for many years, have successful precedents, have both international vision and understand the needs of localization, we believe that such a formed team can successfully launch self-developed high-end switch chips, contribute to China's digitalization and network ecology, and have great potential for future development. ”
Xu Kai, CEO of Qianhai Fund of Funds and Smart Interconnection Industry Fund, said: "The team of Yunhe Zhiwang is from a famous family, with a high-standard system, an international vision and local practice, and a proven innovation and entrepreneurial ability. After the last round of investment, the development momentum of Yunhe is gratifying, the team expansion and research and development progress are beyond expectations, and we are optimistic that the company will become the top supplier of high-end Ethernet switching chips in China. ”
Shi Lian, partner of Huanshui Capital RMB Fund, said: "With the further development of cloud computing data volume and landing applications, we look forward to the update and outbreak of the underlying technology of the network, and YunheZhi Network, as the strongest self-developed switch chip in China, is expected to become the definer of a new generation of network basic standards." ”
Xu Yinchuan, executive director of Light Source Capital, said: "In the process of leading to the industrial vision of the Internet of Everything and the Meta-Universe, the geometric growth of network data volume is a very certain trend, and the network chip with better performance and more autonomous control is the core of data circulation. The core team of Yunhe Zhiwang has a deep industrial background, excellent technology, rich experience in R&D and tape-out, the team has a broad vision, and integrates Chinese and Western; after the last round of financing, with the addition of more professional talents, the team structure is more complete, the middle-level team capabilities are more comprehensive, and the research and development progress exceeds expectations. We believe that Yunhe Zhi network is a very competitive enterprise in this certain general trend, and Light Source Capital is very happy to continue to help Yunhe Zhi Network complete financing, and looks forward to the company's future development into a new giant of global high-end network switching chips. ”
Cao Tuqiang, founder, chairman and CEO of Yunhe Zhi network, said: "In the past year, Yunhe Zhi Network has developed rapidly, and the research and development of high-end network chips has been carried out in an orderly manner as planned, and several important research and development milestones have been completed, and more than 100 patents have been applied. Yunhe Tiger Year, with the dual help of capital and talents, will go hand in hand in market development, product planning, technological innovation and other aspects while developing high-end network chips. It is believed that the core technology of yunhezhi network's high-end network chip will accelerate the construction of China's future network ecology. ”
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