ProcessOn, a fast-growing visual collaboration solution company in China, has raised closed to RMB 100M in its Series A financing round by Eight Roads to strengthen product development and digital workplace strategies.
Established in 2013, ProcessOn is a leading visual collaboration toolset company focused on online collaborative diagramming and the cloud-based virtual whiteboard market in China. Today, the company has accumulated 78 million registered users in 140 countries and regions and kept polishing its products to evolve from productivity tools to visual collaboration solutions.
Ju Zhang, Partner of Eight Roads Ventures China said: “Driven by the digital transformation and the overall shift to hybrid working, we believe visual collaboration is set to become a prevalent way in the digital workspace and see wide adoption in China and worldwide. It will enable users to facilitate live discussion, run planning sessions, evaluate concepts, and co-design the digital products and business process, and essentially it covers the ideas generation, organization, presentation and collaboration, which become the common and essential workload for the digital economy. ProcessOn, with its mature products, solid market acceptance and massive user base, is the pioneer and leader in this field in China. We look forward to supporting the company’s rapid and healthy growth as it continues to lead this collaborative working market.”