Chongqing Wubianjie Information Engineering Co., Ltd.

Chongqing Wubianjie Information Engineering Co., Ltd. is the operation center in Chongqing of ***, a Chinese mobile office platform — Fenxiang Xiaoke. In response to the management requirements of Fenxiang headquarters, the company will build a solid team of more than 80 people by the end of 2015, creating a strong sales force in Chongqing's mobile Internet industry.
* SaaS startup Fenxiang Xiaoke completed a $100 million Series D financing, with the company's valuation being 4 times that of the previous financing round. This is the company's third financing within one year, setting an industry record in both financing amount and speed. At today's (July 1) press conference titled "Next Stop," Fenxiang Xiaoke also announced the launch of its open platform strategy, "connecting everything in the enterprise."
This round of financing was jointly completed by new investors and the first three rounds of investors IDG Capital, Northern Light Venture Capital, and DCM Ventures, exactly one year after the announcement of tens of millions of dollars in Series B financing on July 1 last year, and just half a year after the announcement of $50 million in Series C financing on December 23 last year.
The * latest set of figures released by Fenxiang Xiaoke shows: branch offices have been established in Shanghai, Guangzhou, Shenzhen, and Hangzhou; employees have increased from 60 at the beginning of last year to 1,000; registered enterprise users exceed 150,000; sales revenue has continued to double every three months since last year, achieving nearly 12 times ultra-high-speed growth in sales revenue within one year.
At the end of last year, Fenxiang Xiaoke proposed the vision of "connecting everything in the enterprise" and "tools + platform + ecosystem." Now, this ambition is gradually becoming a reality.
As part of "connecting everything in the enterprise," Fenxiang Xiaoke's * new products Fenxiang Baichuan and Micro Marketing were unveiled at the same time.
DCM Capital Managing Partner Lin Xinhe said in his keynote speech that day: Fenxiang Xiaoke started with sales management as its entry point in the early stage and gradually expanded to multiple directions including direct sales management, distributor management, and micro marketing management. Through enterprise WeChat, it connects internal employees of enterprises; through CRM and distribution systems, it connects upstream and downstream supply chains, distributors, and customers of enterprises; and it plans to meet the personalized needs of industries and enterprises through an open platform. Fenxiang Xiaoke has already transformed from a SaaS company focused on tools to a deep layout of platform and ecosystem.
"This is where the future of Fenxiang Xiaoke lies, and it is also why Fenxiang Xiaoke's valuation has risen dramatically in just one year, rather than being limited to the rapid revenue growth of existing products," said Lin Xinhe. "We are optimistic about the broad market of China's enterprise mobile Internet, and even more optimistic about the extraordinary vision and capabilities of the Fenxiang Xiaoke team."
In recent years, the enterprise Internet market has risen rapidly. Global CRM and cloud computing * Salesforce has a market value of nearly $50 billion. In January last year, U.S. enterprise cloud storage service provider Dropbox raised $250 million, with its valuation soaring to $10 billion. In April this year, U.S. enterprise team communication app Slack announced a $160 million Series B investment, with a valuation of up to $2.8 billion just one year after its founding.
In the domestic enterprise Internet field, it has also changed from lukewarm to a hot spot for entrepreneurship, and the investment community and leading Internet enterprises have changed from watching to actively laying out plans. Fenxiang Xiaoke, established three and a half years ago, has already taken a comprehensive lead in products, users, revenue, talent, and capital.
"China will inevitably produce a hundred-billion-dollar enterprise Internet company, and Fenxiang Xiaoke completely has this possibility," said Luo Xu.