The digital risk-management platform developer took in the funding through a round that was co-led by Tencent and backed by existing investor Baidu.

Internet group Tencent has co-led a $73m series C round for China-based risk-management software provider NextData with investment firm Xianghe Capital, DealStreetAsia reported yesterday, citing a company statement. The round also featured Baidu Ventures, an investment vehicle for internet group Baidu, in addition to investment firm Shunwei Capital and venture capital firm Crystal Stream. Founded…

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