Dt Dream Valuation, Funding & Investors

Dt Dream is valued at $1.5B as of September 2019.

Last Dt Dream valuation

$1.5B

Series B · Sep 2019

Last Dt Dream funding round

$84M

Series B · Sep 2019

Cumulative funding Dt Dream raised

$265M

across 3 funding rounds

Key investors in Dt Dream

Dt Dream Overview

About Dt Dream

Dt Dream is a Hangzhou-headquartered big data and cloud solutions provider founded in 2015 with the DThink integrated terminal. It maintains tech centers in Beijing, Nanjing, and Hangzhou plus 20 branch offices in China. As an Alibaba Cloud strategic partner, Dt Dream delivers applications for government, smart cities, and industrial IoT via dtdream.com.


Founded

2015

HQ

ChinaHangzhou

Status

Privately held

Customer focus

B2B & B2G

Revenue model

Services, Subscription

Valuation

$1.5B (Sep 2019)

Dt Dream Valuation

Dt Dream is currently valued at $1.5B, based on its Series B in September 2019.

The $84M round was led by Zhejiang State Enterprise Reform and Development Fund and ZSVC.

Dt Dream's valuation has grown 1.5x from $1B at its Series A in June 2017 to $1.5B in September 2019, across 2 priced rounds.

Dt Dream valuation by funding round

Dt Dream valuation by funding round
DateStageValuation
Sep 2019Series B$1.5B
Jun 2017Series A$1B

Dt Dream Funding History

Dt Dream has raised a total of $265M across 3 funding rounds.

Dt Dream's first fundraising round was a $71M angel round in August 2015. The most recent completed round was a $84M Series B in September 2019.

Dt Dream funding rounds

Dt Dream funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2019Series BZhejiang State Enterprise Reform and Development Fund (lead); ZSVC (lead)$84M$1.5BDt Dream is a Hangzhou-based unicorn startup providing cloud computing and big data solutions to enterprises, helping them manage and analyze large datasets. It achieved unicorn status, listed with a $2B valuation and $267M total raised from investors including Zhejiang State Enterprise Reform and Development Fund and ZSVC. In June 2017, it completed Series A funding valued at over $1B USD. The company operates in China's competitive tech ecosystem, with Hangzhou hosting 19 unicorns as of 2025, led by firms like Ant Group.
Jun 2017Series AAlibaba Group; China Everbright$110M$1BDT Dream is an Alibaba-backed Chinese cloud computing and big data services provider that offers enterprises tools to manage and analyze large datasets in the cloud. The company is headquartered in Hangzhou and is listed among China's leading unicorn startups as of 2026, ranking fifth among the most valuable Hangzhou unicorns. In June 2017, DT Dream completed its Series A funding round and was valued at over $1 billion USD, achieving unicorn status. The Series A round was backed by multiple investors including Alibaba, Yinxinggu Capital, and others. Subsequently, in September 2019, DT Dream completed a Series B funding round of 600 million RMB (approximately $84.10-84.15 million USD) led by ZheShang Venture Capital and Zhejiang State-Owned Capital Operation. Across three funding rounds, DT Dream has raised a total of $260.35 million. The company has attracted support from notable investors including Alibaba, China Everbright Investment Management, and other venture capital firms, positioning it as a significant player in China's cloud computing and big data ecosystem.
Aug 2015AngelAlibaba Group; Yinxinggu Capital$71M-DT Dream is a Hangzhou-based company established in March 2015, providing solutions in big data, cloud computing, cloud data services, and software. DT Dream operates in data management and analytics. It received seed funding on August 1, 2015, listed with investors including Alibaba Group and Yinxinggu Capital. Later rounds include a Series A in June 2017 at $1,000M post-money valuation and Series B in September 2019 raising $84.15M. The company has raised $260.35M over 3 rounds total. DT Dream is recognized as a unicorn with valuations listed at $1,000M in some unicorn club reports around 2017-2019. Investors across rounds include China Everbright Investment Management alongside Alibaba and Yinxinggu. As a Hangzhou unicorn, DT Dream ranks among 19 such startups, behind leaders like Ant Group, in sectors like internet software and services.

Who has invested in Dt Dream?

5 investors have backed Dt Dream across its funding rounds, including Alibaba Group, Yinxinggu Capital, ZSVC, China Everbright and Zhejiang State Enterprise Reform and Development Fund.

Lead investors include Zhejiang State Enterprise Reform and Development Fund and ZSVC.


Dt Dream Investors

Investors in Dt Dream by funding rounds participated
InvestorHQRoundsRoleFirst check
Alibaba GroupChinaHangzhou2ParticipantAug 2015
China EverbrightHong KongHong Kong1ParticipantJun 2017
Yinxinggu CapitalChinaHangzhou1ParticipantAug 2015

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Dt Dream Competitors

Dt Dream competitors include listed companies like Oracle Corp Japan and Anterix, and private ones like WEKA, Druva, Redis and Imply.

Public and private companies comparable to Dt Dream
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
WEKAUnited StatesSan Jose, CAPrivate$100M-$1.6B16.0x
DruvaUnited StatesSan Jose, CAPrivate$100M-$2B20.0x
RedisUnited StatesSan Francisco, CAPrivate$35M-$2B-
ImplyUnited StatesSan Francisco, CAPrivate--$1.1B-
Oracle Corp JapanJapanJapanPublicly listed$1.8B$589M$7.7B3.9x
AnterixUnited StatesUnited StatesPublicly listed$7M($29M)$1.5B103.4x

Dt Dream Public Comps

Dt Dream is still privately-owned, but its public comps include Anterix, Nava, TRS Information Technology, Boost Run, Richinfo Technology, E2E Networks, C3.ai, VNET Group, Beijing Topnew Info and Odine.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Anterix$7M($29M)216.3x103.4x(47.7x)(46.7x)
Nava$445M$192M3.8x-8.8x-
TRS Information Technology$76M($20M)19.3x19.7x(73.5x)478.8x
Boost Run$27M($4M)58.1x11.8x(419.7x)25.1x
Richinfo Technology$273M$51M4.3x4.6x22.8x18.3x
E2E Networks$26M$14M49.8x24.8x91.6x36.2x
C3.ai$250M($484M)4.3x4.5x(2.2x)(6.2x)
VNET Group$1.5B$463M4.1x3.7x13.2x11.8x

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Common questions about Dt Dream

When was Dt Dream founded?Dt Dream was founded in 2015.
Where is Dt Dream headquartered?Dt Dream is headquartered in Hangzhou, China.
Is Dt Dream publicly listed?No, Dt Dream is a private, VC-backed company.
What is Dt Dream's valuation?Dt Dream was last valued at $1.5B in its Series B in September 2019.
How much funding has Dt Dream raised?Dt Dream has raised $265M across 3 funding rounds.
What was Dt Dream's last funding round?Dt Dream's last funding round was a $84M Series B in September 2019, led by Zhejiang State Enterprise Reform and Development Fund and ZSVC.
Who are Dt Dream's investors?Dt Dream's investors include Alibaba Group, China Everbright, Yinxinggu Capital, ZSVC and Zhejiang State Enterprise Reform and Development Fund.
Which companies are comparable to Dt Dream?Companies comparable to Dt Dream include WEKA, Druva, Redis, Imply, Oracle Corp Japan and Anterix.

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