R&D management tool ONES completed C round of 50 million U.S. dollars financing, three consecutive rounds of financing nearly 100 million U.S. dollars in six months

ONES, which focuses on enterprise-level R&D management, announced that it has completed the C round of 50 million US dollars in financing . At the end of June this year, ONES announced the continuous completion of 300 million RMB B1 and B2 rounds of financing, only more than two months apart.

The lead investor in this round of financing is the Singapore Government Investment Corporation GIC , and the old shareholders Source Capital and XVC have three consecutive rounds of raising. Yuanyi Capital acted as the exclusive financial advisor.

At this point, ONES has completed three consecutive rounds of nearly 100 million US dollars in financing within six months. Investors include Wuyuan Capital, Huachuang Capital, Jiayu Capital, XVC, Source Code Capital, SoftBank China Capital, GIC and other well-known domestic and foreign funds. As a result, ONES is not only the company that has received the most financing in the domestic R&D management field, but also set the record of the fastest financing speed in this field in history, .

This also means that the capital level has reached a consensus: ONES's leading position in the industry .

ONES founder and CEO said that 1614a8e30dc42e, "We spent six years polishing a set of R&D management system that needs of Chinese technology companies. 1614a8e30dc433 serves a large number of leading customers in various industries and . After support, we will actively recruit top talents, expand our strength, accelerate product update iterations, and serve customers well. maximize corporate value and actively assume social responsibility .”

Founded in 2015, ONES has grown into a leading domestic R&D management solution provider in just a few years. Its eight professional R&D management products run through the entire life cycle of software R&D. In 2020, ONES acquired Tower, a well-known domestic team collaboration tool, and was able to expand its business landscape. realized "all-round coverage" from small teams to medium and large teams, providing one-stop solutions for various project management scenarios to professional R&D management .

At present, ONES's customers cover Xiaomi, China Telecom, Kweichow Moutai, SAIC, China Merchants Fund, Inspur Software, etc. ; Tower provides services including Transsion Holdings, China Resources Innovation and Learning Center , Shengnong Group, Ape Coaching and other leading companies in various fields, accumulatively more than one million teams.

From a global perspective, project management and development collaboration is a big track with a market space of more than 100 billion U.S. dollars. Atlassian, an overseas benchmarking company in this field, had a market value of US$5.8 billion on the first day of listing at the end of 2015. So far, its market value has exceeded US$100 billion—in less than 6 years, its market value has increased by 17 times.

ONES, as a Chinese company benchmarking Atlassian, also faces a huge development opportunity . Although China has a large technology research and development population and high human value, in terms of project management and development collaboration, Chinese companies once had to choose from a limited number of overseas software tool products. In view of this, , which is more in line with the application habits of Chinese enterprises and has a more advanced technical architecture than overseas competitors, and has built a complete product matrix and marketing system within a few years.

Today, although China's software and SaaS industries are developing rapidly, their overall scale is still at an early stage. As accelerates the digital transformation of various industries and , the demand for collaborative collaboration and efficient management of research and development is also increasing. At the same time, in the increasing demand for domestic software substitution and independent controllability. With the rise of the industry, ONES has obtained an important market opportunity 1614a8e30dc4cf.

It is foreseeable that with the completion of this round of financing, ONES will enter a higher speed lane, product R&D and service investment will continue to be strengthened , and the outstanding talent team will continue to expand, thus creating more advanced, safer and more advanced. The easy-to-use and more localized product not only provides customers with high-quality services , but also continues to contribute to the development of China’s software industry .