
Hangzhou Woqu Technology
WOQU Tech is dedicated to providing integrated database system solutions for both domestic and foreign large enterprises.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | CNY20.0m Valuation: CNY150m | Series B | |
Total Funding | 000k |
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Hangzhou Woqu Technology Co., Ltd., operating as Woqutech, was established in 2012 and is positioned as a provider of enterprise-level database infrastructure and solutions. The company originated from the expertise of former core database and system administrators from Alibaba Group's IT operations team.
The firm specializes in delivering integrated database system solutions characterized by high performance and scalability. Its business model revolves around providing a comprehensive suite of products and services to large domestic and foreign enterprises across a multitude of sectors, including securities, banking, insurance, healthcare, media, telecommunications, energy, and government services. Woqutech generates revenue through the sale and support of its proprietary database appliances and cloud platforms. The company has demonstrated a consistent growth trajectory, securing multiple rounds of venture capital funding to fuel its expansion, with the latest being a Series B1 round in November 2023.
Woqutech's product portfolio is designed to address complex data management challenges. Key offerings include the QData series, which are database appliances optimized for Oracle, MySQL, and PostgreSQL, designed to replace traditional architectures with a more cost-effective and higher-performance x86-based platform. The company also provides QFusion, a private cloud Relational Database Service (RDS) platform, and QPlus, a disaster recovery and backup appliance. These products are engineered to provide a unified, manageable, and highly available database environment, tackling issues like performance bottlenecks and the complexity of managing multiple database systems. Woqutech supports a wide array of database types, including commercial, open-source, and domestic Chinese databases, positioning itself as a neutral and versatile partner for enterprises undergoing digital transformation.
Keywords: enterprise database, database solutions, data management, database appliance, private cloud database, Oracle optimization, MySQL solutions, PostgreSQL support, disaster recovery, data backup, high-performance computing, IT infrastructure, data security, cloud platform, systems management, Alibaba alumni, database-as-a-service, DBaaS, financial technology database, securities data management, healthcare data solutions, government IT solutions, telecommunications database