Tingyun Funding, Investors & Competitors

Tingyun has raised $136M across 2 funding rounds, most recently a $77M Series D in June 2021.

Last Tingyun funding round

$77M

Series D · Jun 2021

Cumulative funding Tingyun raised

$136M

across 2 funding rounds

Key investors in Tingyun

  • CICC
  • Plum Ventures
  • China Internet Investment Fund
  • GF Qianhe Investment
  • Mangrove Capital
  • China Universal Asset Management

Tingyun Overview

About Tingyun

Tingyun is a Beijing-headquartered provider of full-stack application performance monitoring platforms that track client-side, network, and server metrics using big data analytics. The service covers industries like e-commerce, finance, and gaming with real-time dashboards for issue detection and optimization. Tingyun's intelligent monitoring tools analyze transaction flows and resource usage to enhance system reliability. Established in 2012, it supports global enterprises with scalable cloud-based deployments.


Founded

2007

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Tingyun Funding History

Tingyun has raised a total of $136M across 2 funding rounds.

Tingyun's first fundraising round was a $59M Series C in September 2020. The most recent completed round was a $77M Series D in June 2021.

Tingyun funding rounds

Tingyun funding rounds
DateStageInvestorsRaisedDeal Summary
Jun 2021Series DChina Internet Investment Fund (lead); CICC$77M-
Sep 2020Series CMangrove Capital; China Universal Asset Management; CICC; GF Qianhe Investment; Plum Ventures$59MTingyun is an application performance management (APM) service platform operated by Beijing NetworkBench Inc, founded in 2007. The company provides APM, artificial intelligence for IT operations (AIops), and observability solutions for enterprise digital transformation, serving sectors including government, finance, and telecommunications. Tingyun has been repeatedly selected as a niche player in Gartner's Magic Quadrant for APM and was a pioneer in application performance monitoring in China. In August 2020, Tingyun closed a Series C funding round raising 400 million Chinese yuan (approximately $57 million USD). The round was led by CICC Capital's Zhongjin FengTai Fund and included participation from Plum Ventures, CUAM (China Universal Asset Management), and other investors. Proceeds were allocated primarily to research and development, including enhanced data collection capabilities, development of sector-specific solutions, and improvement of AIops performance. The company achieved profitability and break-even status in 2018, differentiating itself from many cash-burning cloud businesses in China. Its product portfolio includes Real-Time Messaging Protocol-based streaming media monitoring, WeChat mini-programs monitoring services, and the Wukong intelligent service operations and maintenance platform. In June 2021, Tingyun completed a subsequent Series D funding round of $500 million USD, demonstrating strong investor confidence and continued growth trajectory.

Who has invested in Tingyun?

6 investors have backed Tingyun across its funding rounds, including CICC, Plum Ventures, China Internet Investment Fund, GF Qianhe Investment, Mangrove Capital and China Universal Asset Management.

Lead investors include China Internet Investment Fund.


Tingyun Investors

Investors in Tingyun by funding rounds participated
InvestorHQRoundsRoleFirst check
CICCChinaBeijing2ParticipantSep 2020
Mangrove CapitalChinaShenzhen1ParticipantSep 2020
China Universal Asset ManagementChinaShanghai1ParticipantSep 2020
China Internet Investment FundChinaBeijing1LeadJun 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Tingyun Competitors

Tingyun competitors include listed companies like ServiceNow, Datadog, RELX and Strategy, and private ones like ClickHouse and Celonis.

Public and private companies comparable to Tingyun
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ServiceNowUnited StatesUnited StatesPublicly listed$13B$2.6B$143B9.6x
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$85B19.4x
RELXUnited KingdomUnited KingdomPublicly listed$13B$4.9B$59B5.3x
StrategyUnited StatesUnited StatesPublicly listed$477M($5.4B)$53B144.4x
ClickHouseUnited StatesSan Francisco, CAPrivate$160M-$15B93.8x
CelonisGermanyMunichPrivate$400M-$13B32.5x

Tingyun Public Comps

Tingyun is still privately-owned, but its public comps include Palantir, ServiceNow, Datadog, RELX, Strategy, Verisk Analytics, Fair Isaac, Wolters Kluwer, Dynatrace and Elastic.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
RELX$13B$4.9B5.5x5.3x14.4x13.2x
Strategy$477M($5.4B)149.4x144.4x(13.1x)(12.3x)
Verisk Analytics$3.1B$1.7B8.8x8.5x16.2x15.1x
Fair Isaac$2B$951M13.2x10.4x27.6x17.1x
Wolters Kluwer$7.1B$2.5B3.2x3.1x8.9x9.3x

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Common questions about Tingyun

When was Tingyun founded?Tingyun was founded in 2007.
Where is Tingyun headquartered?Tingyun is headquartered in Beijing, China.
Is Tingyun publicly listed?No, Tingyun is a private, VC-backed company.
How much funding has Tingyun raised?Tingyun has raised $136M across 2 funding rounds.
What was Tingyun's last funding round?Tingyun's last funding round was a $77M Series D in June 2021, led by China Internet Investment Fund.
Who are Tingyun's investors?Tingyun's investors include CICC, Mangrove Capital, China Universal Asset Management, China Internet Investment Fund, GF Qianhe Investment and Plum Ventures.
Which companies are comparable to Tingyun?Companies comparable to Tingyun include ServiceNow, Datadog, RELX, Strategy, ClickHouse and Celonis.

See companies similar to Tingyun

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