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DT Dream, also known as Shumeng Gongchang Technology, is a Chinese company founded in 2015 that specializes in cloud computing and big data analysis. Based in Hangzhou, Zhejiang, the company offers products such as DTbase, a database integrated machine, and DThink, a big data integrated machine. Since its inception, DT Dream has raised a total of $260.35 million across multiple funding rounds, with its most recent Series B round in September 2019 valuing the company at $1.5 billion.
The company has attracted investments from notable players in the tech industry, including Alibaba.com, which participated in both the seed and Series A rounds. Other investors include ZheShang Venture Capital, Zhejiang State-Owned Capital Operation, and China Everbright Investment Management. This strong investor backing demonstrates confidence in DT Dream's potential within the rapidly growing cloud computing and big data sectors.
While there is currently no official news regarding DT Dream's IPO prospects, the company's substantial funding and impressive valuation growth from $1 billion in 2017 to $1.5 billion in 2019 suggest a solid financial foundation. However, it's important to note that many factors can influence a company's decision to go public, including market conditions, regulatory environment, and internal readiness.
As DT Dream continues to operate in the competitive Internet Software & Services industry, particularly in the Application & Data Integration sub-sector, investors interested in the potential opportunity to buy DT Dream stock or invest in DT Dream shares should keep an eye on the company's future announcements and financial performance. It's crucial to remember that any investment decisions should be based on thorough research and consideration of the company's fundamentals, market position, and growth prospects.
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While DT Dream's IPO prospects remain uncertain, investors eager to gain exposure to promising companies in the gaming and esports industry don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the gaming sector. Our platform allows you to diversify your portfolio with lower minimum investments, potentially benefiting from the growth of emerging industry leaders before they go public.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
