Sequoia Capital Invests In CRM Platform Xiaoshouyi

Beijing-based customer relationship management (CRM) platform Xiaoshouyi says the company has received "tens of millions of RMB" in series A funding from Sequoia Capital.

Xiaoshouyi, which means "sales made easy", received seed funding from Cloud Angel Fund in 2012.

The company says it will use the proceeds on product upgrades, brand building as well as sales and distribution network expansion.

Launched in 2011, Xiaoshouyi provides software solutions that allow companies to automate sales force management.

The firm has more than 10,000 users, of which about 100 are private enterprises.

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