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Zenlayer raises $50M to enhance edge Cloud biz

Zenlayer raises $50M to enhance edge Cloud biz ​ By IANS | ​ 2 Views Cloud data.. Image Source: IANS News Mumbai, May 13 : Global edge cloud service provider Zenlayer on Thursday announced the closing of its $50 million Series C round. The company said it will allocate the new funds towards enhancing its edge cloud technology and expanding global network coverage. The round was led by a group including Anatole Investment and Prospect Avenue Capital and included existing investor Volcanics Venture. These investors join F&G Venture, NSFOCUS and Forebright Capital to bring Zenlayer s total financing to $90 million since inception, the company said in a statement.

Zenlayer Raises $50M in Series C Funding

Zenlayer, a Los Angeles, CA-based global edge cloud service provider, closed a $50m Series C financing. The round was led by a group including Anatole Investment and Prospect Avenue Capital, and included existing investor Volcanics Venture. These investors join F&G Venture, NSFOCUS, and Forebright Capital to bring Zenlayer’s total financing to $90m since inception. The company intends to use the funds to enhance its edge cloud technology and expand global network coverage. Led by Joe Zhu, Founder & CEO, Zenlayer provides edge cloud solutions that enable organizations to instantly deploy compute closer to end users and accelerate their networks to deliver the best digital experience possible. By using its PaaS solutions, organizations can achieve this without deploying any infrastructure.

Zenlayer Raises $50MM in Series C Financing to Boost Its Lead in Edge Cloud Services – Consumer Electronics Net

Zenlayer Raises $50MM in Series C Financing to Boost Its Lead in Edge Cloud Services – Consumer Electronics Net
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China Digest: Zenlayer nets $50m; Shunwei leads funding in Mianchao Technology

China Digest: Zenlayer nets $50m; Shunwei leads funding in Mianchao Technology REUTERS/Fabrizio Bensch/Files May 12, 2021 Zenlayer has raised $50 million in a Series C round co-led by Anatole Investment and Prospect Avenue Capital (PAC), while Mianchao Technology has secured “tens of millions of US dollars” in a Series B round led by Xiaomi.  Zenlayer nets $50m Series C Edge cloud services developer Zenlayer announced on Wednesday that it has raised $50 million in a Series C round jointly led by Hong Kong-based investment manager Anatole Investment and Prospect Avenue Capital (PAC). Existing investor Volcanics Venture re-upped in the round. Zenlayer will use the fresh proceeds for its cloud-computing technology and overseas expansion. 

Hong Kong bankers work around the clock as IPOs, Spacs surge

Hong Kong bankers work around the clock as IPOs, Spacs surge
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