MoreWis Asset Profile

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Year established

2005

Location

Fuzhou Fujian China

Primary Industry

Software

About

Established in 2005 and based in Fuzhou, China, MoreWis is a technology company that focuses on developing and providing cloud storage technology and cloud computing service. The company operates five research and sale centers in North China, East China, South China, Central China, and Southwest China. In February 2021, MoreWis raised CNY 60 million in series B from Qiming Venture Partners. The company provides aPaaS platform for industrial software development, which helps developers lower the development threshold and improve development efficiency. The main products are industrial software low-code platform (MC), cloud intelligent manufacturing system (N2), storage system, quality management system, equipment management system, intelligent analysis platform, mobile application development system, and data management system. The company's revenue is divided into two parts. Firstly, the developers use the tools for apps development on the platform and sell them to their customers. The platform will charge a single license fee of about 1,000 yuan based on the number of customers. Secondly, developers sell new tools and algorithms created by themselves to other developers, the platform will collect commissions based on the transaction price.

Current Investors

Softbank China Venture Capital, Capital Nuts, Mount Morning Capital

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Primary Industry

Software

Sub Industries

Storage Management Software, Application Integration Software, Analytics & Performance Software

Website

www.morewis.com

Verticals

Cloud Computing, Cloud Computing

Company Stage

Series B

Total Amount Raised

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