Alibaba-backed Chinese unicorn DT Dream hits $1.5b valuation after Series B round

Alibaba-backed Chinese unicorn DT Dream hits $1.5b valuation after Series B round

Illustration/Photo: Internet Archive

Alibaba-backed Chinese cloud computing and big data services provider DT Dream announced on Thursday that it has secured 600 million yuan ($84.10 million) in a Series B round of financing, which valued the unicorn at $1.5 billion.