Qingdao Eoroom Technology Co., a Chinese home automation builder, has completed a RMB1.2 billion (US$170 million) series A round of financing, led by investment bank China International Capital Corporation (CICC). Other investors, including China Equity Group, China Galaxy Investment Management Co., Gaochuang Investment Management Co. and Zhongtai Venture Capital, also participated in the round. Founded […]

China’s Investment Bank CICC Leads $170M Into Haier’s Smart Home Company Eoroom appeared first on China Money Network.