KAWO, a Shanghai, China-based social media management (SMM) platform, closed its nearly $10 million Series A financing.
The round was led by Tiger Global Management, existing backer Sequoia Capital China re-upped its commitments to the new fund after its Pre-A funding.
The fund raised will be used to support its market expansion, product R&D, and team building.
Company: Kewo (Shanghai) Enterprise Management Consulting Co., Ltd. (科握（上海）企业管理咨询有限公司)
Raised: $10.0M
Round: Series A
Funding Month: April 2022
Lead Investors: Tiger Global Management
Additional Investors: Sequoia Capital China
Company Website: https://kawo.com/
Software Category: Social Media Management Platform
About the Company: Founded in 2013, KAWO is a China social media management platform for Brands & Agencies Planning & Reporting for WeChat, Weibo, Douyin & Kuaishou. KAWO build the most user-friendly software platform to empower China's social media teams to achieve greatness. The firm claimed on its website that it has served more than 500 international clients from 12 industries, including top brands like Balenciaga, Chaumet, Nike, and Samsung.
Source: https://equalocean.com/news/2022041917351