Nio Capital has led a $14.5m series C round for BoCloud that also attracted existing backer JD Cloud, a contributor to its last round.
China-based cloud services provider BoCloud closed a RMB100m ($14.5m) series C round led by Nio Capital, the corporate venturing arm of electric carmaker Nio, on Sunday.
JD Cloud, the cloud services subsidiary of e-commerce firm JD.com, also contributed to the round, as did Tianjin Venture Capital, Szclivia Investment Management, Oriza Holdings and Bondshine Capital.
Founded in 2012, BoCloud has developed software to help clients manage multi-cloud environments, as well as automate their operations and maintenance.
The company serves enterprise clients…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
