Cloud-Based Solution Provider BoCloud Raises CNY100 Million in Series C Round

January 13, 2020 5:45 pm

Beijing (PingWest)- BoCloud, a cloud computing service firm focused on Platform-as-a-Service (PAAS) technology, has raised CNY100 million in its series C round led by NIO Capital.

Tianjin Venture Capital, Szclivia Investment Management, JD Cloud, Oriza Holdings and Bondshine Capital also participated in this round.

The fresh capital will be used to scale up its PAAS products and services.

Set up in 2012, BoCloud claims to have served over 200 medium-to-large companies.