Gunderson Dettmer represented client XSKY (Beijing) Data Technology, a China-based technical company focusing on software-defined-infrastructure products and services, in its $45 million (320 million yuan) Series D financing led by China state-owned Venture Capital Fund, a joint fund set up by China Reform Holdings Corporation, Postal Savings Bank of China, China Construction Back and Shenzhen Investment Holdings.

The Gunderson deal team included Zhen Liu, Fendy Fang and Kai Sheng.