Shanghai-Based Cloud Service Provider Lands USD 10 Mln Funding

36Kr, 11/21/13

Shanghai-based cloud service provider UCloud Information Technology has announced the receipt of USD 10 mln in Series A funding from Doll Capital Management (DCM) and Bertelsmann Asia Investments, to be used primarily for R&D, marketing and infrastructure purposes.

UCloud primarily provides infrastructure as a service (IaaS) packages to internet companies, including cloud server, storage, data, CDN (content delivery network) and other types of cloud computing solutions. According to UCloud, its solutions help customers to build scalable IT infrastructures, at the same time taking advantage of UCloud's strength in cloud computing to boost efficiency and lower IT costs. At present, UCloud's customer base consists mainly of companies specializing in gaming, mobile apps, and e-commerce.

Keywords: funding software Bertelsmann cloud computing Doll Capital Management Infrastructure as a Service Ucloud first-round

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