AirBib Smart receives $10 million in Series A funding

Airlaby announced that it has received $10 million in Series A financing, led by Zhangjiang Hi-Tech, followed by Zhangjiang Science and Technology Investment and Cathay Capital. This round of financing will mainly be used to add other OTA-related software product lines, deploy big data sectors, and expand overseas markets. Airlaby received tens of millions of RMB in Pre-A round financing from Cathay Capital in 2018. At present, Airlaby has three main charging models for customers: software services, authorization (License) and operation and maintenance. Airlaby said that it expects to have revenue of tens of millions of RMB in 2020.