Sunseap Group raised S$6.7 million in the first close of its third round of funding that valued the company at more than S$200 million.
The Series C investment round was led by Catalist-listed ISOTeam Limited which subscribed for S$5 million worth of Series C preference shares, the company said in a release issued Tuesday.
"Our success in this latest round of funding shows investors' confidence in Sunseap and our ability to deliver quality work in an expeditious manner," said Mr Lawrence Wu, co-founder and director of Suns.