China edge cloud computing provider raises $38m
Shanghai-based distributed cloud computing company PPIO has raised nearly CNY 250m (USD 37.6m) in Series A funding led by Panlin Capital, China Creation Ventures, Shanghai Zhangjiang Technology Venture Investment, and IMO Ventures.
This follows a pre-Series A round of about USD 10m last year featuring BlueRun Ventures China (BRV China), Alphax Partners, Hua Partners, and iVision Venture last year, according to AVCJ Research. BRV...
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