Zhongnan Capital Leads $15M Venture Round In SaaS Firm Owtware

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Zhongnan Capital, a direct investment fund under Chinese property and construction conglomerate Zhongnan Holdings Group Co., Ltd., has invested nearly RMB100 million (US$15 million) in Owtware (Shanghai) Technology Ltd., an enterprise Software as a Service (SaaS) firm. "Cloud computing has become the core of the IT sector, and is increasingly driving enterprise innovation," says an […]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.