Palm Commerce Information Technology Overview
- Year Founded
-
2006
- Status
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Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$226M
Palm Commerce Information Technology General Information
Description
Developer of lottery-related software in China. The company's products are applied to computer and mobile terminals of the national welfare lottery system.
Contact Information
Corporate Office
- Tianjin
- China
Corporate Office
- Tianjin
- China
Palm Commerce Information Technology Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 29-Mar-2016 | $226M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series B) | 01-Mar-2007 | Completed | Generating Revenue | |||
| 1. Early Stage VC (Series A) | 01-Mar-2006 | $15M | $15M | Completed | Generating Revenue |
Palm Commerce Information Technology Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| HongShan | Venture Capital | Minority | ||
| Intel Capital | Corporate Venture Capital | Minority | ||
| JAFCO Asia | Venture Capital | Minority | ||
| Shenzhen Capital Group | Venture Capital | Minority | ||
| Susquehanna Asia Investments | Venture Capital | Minority |
Palm Commerce Information Technology Investments (1)
Palm Commerce Information Technology’s most recent deal was a Early Stage VC with 8win. The deal was made on 01-Mar-2013.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 8win | 01-Mar-2013 | Early Stage VC | Entertainment Software |
Palm Commerce Information Technology FAQs
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When was Palm Commerce Information Technology founded?
Palm Commerce Information Technology was founded in 2006.
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Where is Palm Commerce Information Technology headquartered?
Palm Commerce Information Technology is headquartered in Tianjin, China.
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What industry is Palm Commerce Information Technology in?
Palm Commerce Information Technology’s primary industry is Business/Productivity Software.
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Is Palm Commerce Information Technology a private or public company?
Palm Commerce Information Technology is a Private company.
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What is the current valuation of Palm Commerce Information Technology?
The current valuation of Palm Commerce Information Technology is .
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What is Palm Commerce Information Technology’s current revenue?
The current revenue for Palm Commerce Information Technology is .
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How much funding has Palm Commerce Information Technology raised over time?
Palm Commerce Information Technology has raised $30M.
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Who are Palm Commerce Information Technology’s investors?
HongShan, Intel Capital, JAFCO Asia, Shenzhen Capital Group, and Susquehanna Asia Investments are 5 of 6 investors who have invested in Palm Commerce Information Technology.
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When was Palm Commerce Information Technology acquired?
Palm Commerce Information Technology was acquired on 29-Mar-2016.
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Who acquired Palm Commerce Information Technology?
Palm Commerce Information Technology was acquired by Telling Telecommunication Holding Company.
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