
China’s UCloud secures $140m Series D

Chinese cloud computing services provider UCloud has raised RMB960 million ($140 million) Series D round of funding from Oriza Holdings and CICC Alpha, a direct investment arm of China International Capital Corporation (CICC).
Founded in 2012 by three former Tencent Holdings executives, UCloud offers cloud infrastructure-as-a-service (IaaS) - such as cloud storage and data analytics - to online gaming, e-commerce operators and...
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