Existing investor Legend Holdings led the round, also backed by Bertelsmann, bringing the cloud infrastructure provider's funding to $160m in less than 18 months.
China-based cloud hosting service UCloud raised $100m on Friday in a series C round led by Legend Capital, the corporate venturing unit belonging to conglomerate Legend Holdings.
The round also featured media company Bertelsmann, VMS Legend Investment Fund, DCM and GX Capital.
Founded in 2012, UCloud provides cloud computing infrastructure and services for businesses, and in particular game publishers. Two of its largest competitors are services run by e-commerce companies Alibaba (Aliyun) and Amazon (Amazon Web Services).
UCloud secured $50m…
