IT performance analysis startup PerfMa secured RMB 100 million (USD 15.47 million) in a Series B round from investors Broad Vision Funds and Hillhouse Ventures.
Founded in 2017 by former Ant Group employees, PerfMa’s solutions cover IT performance testing and fault resolution to improve the performance of corporate IT systems. Its team is well-versed in financial technology, so PerfMa first established a foothold serving clients in the financial industry with a one-stop solution that improves R&D and testing efficiency.
In addition to financial institutions like China Merchants Bank and Ping An Securities, PerfMa has more than 200 other customers in areas like retail, energy, logistics, manufacturing, and online payments. PerfMa customizes its IT enhancement solutions for different industries. It works to ensure system stability and reduces risk by proactively testing for vulnerabilities throughout the entire network.
“In the future, PerfMa will continue to develop its IT system stability assurance products and strive to become a leading IT system stability service provider. IT infrastructure firms like PerfMa can help enterprises achieve rapid business development without having to worry about the stability of their IT networks,” said PerfMa co-founder and CEO Li Jiapeng.
In January 2021, the company released XPocket, an open source performance analysis product, and has cultivated a strong developer community. Li, the company’s CEO, headed the creation of HeapDump.cn, a site that has attracted more than 200,000 developers in the IT performance technology sector. The company hopes that its XPocket solution will be integrated into many application scenarios to develop more troubleshooting and performance analysis tools for IT professionals. PerfMa is actively collaborating with colleges and universities around China to train students on IT stability assurance and performance analysis, as there is currently a scarcity of professionals with experience in this area.
“Chinese enterprises’ rapid digital transformation has made the importance of IT systems’ stability crucial. The PerfMa team, led by Li Jiapeng, has a forward-looking vision, deep technical experience, and a strong enthusiasm for innovation. The company’s products and services offer robust stability to IT networks and have earned the company a strong reputation in the industry. We believe PerfMa will continue to improve its offerings and create value for customers,” said Li Qiang, partner at Hillhouse Ventures.
KrASIA Connection features translated and adapted content published by 36Kr. This article was originally written by the mononymous Ben for 36Kr.