DBappSecurity and existing investor Alibaba Cloud were among the participants in a $33.3m round that will fund product development for the cloud management software provider.
Shanghai Yunzhou Information and Technology, the China-based cloud services provider also known as ZStack, has raised RMB230m ($33.3m) from investors including e-commerce firm Alibaba and cybersecurity software producer DBappSecurity, DealStreetAsia reported yesterday.
The series B-plus round was led by Beijing Three Gorges Xintai Investment Management, an affiliate of state-owned power producer China Three Gorges Corporation, while Alibaba participated though cloud services subsidiary Alibaba Cloud.
Financial services firm Bank of Communications’ Bocom International subsidiary filled out the round with China Internet…
