ChinaCache Receives USD 10 Mln in Third-Round Funding
Caijing, 9/23/09
Chinese content delivery network (CDN) service provider Beijing Blue IT Technologies, also known as ChinaCache, has received a third round of VC funding from Intel Capital and other unnamed firms totaling USD 10 mln. COO Xu Siqing said the funds will primarily be used for CDN upgrades and management purposes.
Editor's Note: ChinaCache previously received two rounds of funding: USD 8.2 mln in 2006 and USD 32 mln in 2007. For more information, please see "ChinaCache Lands USD 32Mln Investment," MD, 4/25/07 issue.
Keywords: Xu Siqing funding investment telecom VC CDN ChinaCache Intel Capital third-round Beijing Blue IT Technologies
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