China-based Zilliz, which builds open source software for processing unstructured data, raises $43M Series B led by Hillhouse Capital (Rita Liao/TechCrunch)

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Rita Liao / TechCrunch:
China-based Zilliz, which builds open source software for processing unstructured data, raises $43M Series B led by Hillhouse Capital  —  For years, founders and investors in China had little interest in open-source software because it did not seem like the most viable business model.

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