Wowjoy Technology Secures RMB 100 Million Series A++ Funding to Lead Cloud-Native Healthcare IT Innovation
A Medical Technology Application Operating System Company Based on Cloud-Native ArchitectureHuazhuo TechnologyRecently announced the completion of RMB 100 million in Series A++ financing, led by Qiming Venture Partners.
Huazhuo Technology has not been a frequently mentioned name in the market. However, a review of its shareholder structure reveals that it has secured investments from more than ten professional investment institutions, including Sogou, Puhua Capital, Yida Capital, Ruijian Capital, Fancheng Asset Management, and Junjie Capital. What kind of company is Huazhuo Technology that has garnered such favor from numerous investors despite its low profile? With many players in the healthcare IT sector, what distinguishes Huazhuo Technology’s products?
Huazhuo TechnologyIt is the first company to conduct a comprehensive top-level design and developmental restructuring of traditional healthcare information systems based on a cloud-native architecture. Built upon an operating system founded on next-generation technological architecture, Huazhuo Technology is committed to transforming the integrated development, implementation services, and user access models of traditional healthcare information systems, with the aim of breaking through the growth bottlenecks faced by healthcare IT companies under conventional frameworks.
Guided by future healthcare scenarios and the evolving needs of hospital business development, and integrating insights from China’s top medical experts, the company has leveraged a cloud-native technology stack to create a new generation of fully digital hospital information systems that break through the limitations of traditional IT architectures. This system provides end-to-end, intelligent information services to healthcare professionals, patients, and hospital administrators.
The migration of applications to the cloud across various industries has become an irreversible major trend. The term “cloud” encompasses scenarios such as hosting on virtual private servers, adopting B/S (Browser/Server) architecture, or migrating non-cloud-native systems to cloud environments.
Cloud-native is an approach to building and running applications, encompassing four key elements—microservices, containers, DevOps, and continuous delivery. At its core, it involves designing and developing products specifically for the cloud, enabling them to operate in the cloud with optimal efficiency, thereby fully leveraging the characteristics and advantages of cloud computing.
Huazhuo TechnologyLeverage the latest cloud-native technology stack to containerize and refactor traditional hospital business systems, enhance flexibility and maintainability through a microservices architecture, support continuous iteration and automated operations via Agile methodologies and DevOps, and utilize cloud platform infrastructure to achieve elastic scaling, dynamic scheduling, and optimized resource utilization.
The intuitive benefit is improved hardware resource utilization.For small and medium-sized hospitals that do not need to maintain their own server rooms, this solution eliminates the capital expenditure and operational costs associated with on-premises hardware infrastructure. For large hospitals, cross-regional medical institutions, and regional medical consortia/alliances, it significantly reduces substantial or redundant hardware investments while meeting future demands for elastic scaling of cloud resources.
The immediate objective is to leverage the new technology architecture to better meet the hospital’s current and future business development needs.Traditional hospital information systems feature fragmented modules and siloed business data, resulting in information islands. Furthermore, they are constrained by insufficient infrastructure agility, complex operations and maintenance, and exorbitant management costs.
Huazhuo TechnologyCloud-Native Smart Hospital SolutionThe product terminal presents a hospital business system integrating three core pillars: medical care, services, and management. Built upon standardized underlying data interfaces and microservice modules, it naturally facilitates the integration of medical operations and data across departments, functional units, and campus sites. This enables healthcare institutions to achieve the “Three Ones” objective—unified talent management, integrated resource networking, and consolidated financial accounting—thereby realizing the vision of “One Cloud” within individual hospitals and “One Cloud” across multiple regional healthcare institutions.
Today’s hospitals are in the early stages of intelligent transformation, with substantial unmet demand suppressed in areas such as specialization, disease-specific care, personalization, group-based management, and the application of AI and big data across various dimensions. On the supply side, no single large company can comprehensively cover all needs. All medical software and capability modules come from numerous participants in the healthcare informatics industry and indirect software capability providers. Furthermore, a vast array of capabilities in niche segments remain undeveloped due to factors such as corporate product planning, technical capacity, and market access.
Huazhuo TechnologyThe integrated technical architecture and philosophy of the product (covering IaaS, PaaS, and SaaS layers) can be likened to the underlying Android operating system. Unencumbered by a large legacy product portfolio or an entrenched base of existing clients, Huazhuo Technology has entered the medical technology sector with a completely new top-level design and technical architecture. After years of re-engineering and developing a comprehensive suite of core hospital business systems, the company has distilled a vast array of medical software development tools, standardized API interfaces and data protocols, and established a developer platform for the healthcare sector. This significantly lowers the barriers to medical software development and the integration of indirect software capabilities, thereby reducing entry thresholds for the broader medical industry ecosystem. Leveraging the rapid deployment and rolling upgrade capabilities inherent to cloud-native technologies, Huazhuo has built a Medical Application Marketplace and a Microservices Marketplace, simplifying the channel through which customers acquire medical applications. The ultimate objective is to accelerate the enrichment of the medical informatics industry ecosystem and unlock greater possibilities for its growth.
The low-code development model helps companies address the longstanding industry challenges of “customized requirements” and “stunted corporate growth.” Traditional customized services for hospital products entail releasing source code and deploying large teams of technical staff to perform on-site service modifications. For traditional healthcare IT enterprises, growth is directly proportional to headcount; otherwise, insufficient staffing leads to subpar service and natural customer attrition, making it difficult for these enterprises to expand beyond a certain stage.
Huazhuo TechnologyThe development model allows for the introduction of third-party software service teams to implement services on behalf of the company. These third-party teams focus on customers' customized requirements, performing only front-end customization and deployment implementation based on a low-code platform. This approach achieves product standardization. The cloud-native architecture breaks through the implementation bottlenecks associated with traditional architectural products, resolving issues such as declining customer service quality or a surge in service personnel caused by corporate expansion.
Zheng Jie, Chairman of Huazhuo TechnologyHe stated, “China’s healthcare informatization industry is still in the early stages of intelligent transformation. On one hand, the penetration of basic hospital business systems varies significantly, with a large number of hospitals still lacking the empowerment of smart systems; on the other hand, there remain numerous valuable niche systems and capabilities yet to be fully explored. Huazhuo Technology remains grounded, leveraging smarter Hospital Information Systems (HIS) to substantially enhance hospitals’ medical service delivery and management capabilities, while aspiring to serve as a trailblazer in the healthcare informatization sector. We sincerely appreciate Qiming Venture Partners’ recognition and extend our special thanks to all existing shareholders for their steadfast support. Upholding our mission of ‘making healthcare services smarter,’ we will continue to make unremitting efforts to foster the robust development of China’s healthcare industry.”
Hu Xubo, Managing Partner of Qiming Venture Partners“ We have observed the trends and opportunities presented by digitalization and cloud-native technologies in the healthcare sector. Notably, deploying healthcare business applications on the cloud is expected to address longstanding challenges in traditional hospital information system development. Leveraging a cloud-native hybrid cloud computing architecture, Hangzhou Huazhuo Information Technology Co., Ltd. can support hospitals’ multi-campus group development models and facilitate the ‘one-cloud’ initiative for regional medical consortia, thereby achieving integrated management of clinical and administrative operations. We look forward to Huazhuo Technology’s continued contribution to upgrading smart services for hospitals and regional medical consortia, driving intelligent healthcare development through cloud-native technologies, and emerging as a leading enterprise in next-generation hospital digitalization.”