Legend Capital Leads HoteamSoft’s Series C Financing

Recently, Shandong Hoteam Software Co., Ltd. (hereinafter referred to as HoteamSoft) announced its completion of round-C financing of nearly RMB400 million. Legend Capital was lead investor for this round of financing.

The new funds are mainly to be allocated for continuous investment in the R&D of high-end 3D CAD, as well as in HoteamSoft’s global marketing layout. HoteamSoft will put more effort into high-performance 3D CAD and China’s first cloud CAD product, comprehensively developing the new generation of high-performance intelligent manufacturing PLM products, and improving the application ecology of SView 3D lightweight visualization.

HoteamSoft is a leading manufacturer of cutting-edge industrial software in China. It is equipped with an independent research ability in product lines R&D and design, manufacturing, supply chain management and lightweight visual platforms.

Arthur Ge, the Managing Director of Legend Capital, said: "Legend Capital is optimistic about the future of industrial software represented by 3D CAD and PLM in China. The high-end R&D design field needs to go through three phases, namely product development, scene testing, promotion and application. After decades of accumulation and iteration, HoteamSoft has taken the lead and enjoyed a unique competitive barrier, which will be a key point to drive its sustainable and steady growth in the future."

Founded in 1993, HoteamSoft is headquartered in Jinan, Shandong Province, China. It mainly offers 3D smart manufacturing solutions and ranks as the top industrial software service provider in China in terms of capital size and complete product lines.