SK Telecom contributed to a $74.5m round for the cloud software provider that will support expansion internationally and in its home market of China.

South Korea-based cloud computing services provider Bespin Global has raised more than RMB530m ($74.5m) in a series C round backed by telecommunications firm SK Telecom, China Money Network reported today.

Existing Bespin investors also took part in the round, though only investment firm DY Holdings was named.

Bespin offers a range of end-to-end cloud computing services to help customers drive digital transformation, in areas such as migration, machine learning, cybersecurity and governance, and supports cloud services such as Microsoft Azure,…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.