The Alibaba and Telstra-backed cloud services provider has secured series F funding in what is reportedly its third nine-figure round.

Qiniu Cloud, a China-based cloud services provider that counts e-commerce group Alibaba and telecommunications firm Telstra as investors, has closed a RMB1bn ($141m) series F round, DealStreetAsia reported today.

The funding came from Bocom International Holdings, a subsidiary of financial services firm Bank of Communications, as well as the state-owned China Structural Reform Fund and Hongzhao Fund, an investment subsidiary of fund manager Jumbo Sheen.

Formerly known as Qiniuyun, Qiniu offers cloud services to enterprise customers that include data storage,…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.