Portfolio Updates
BoCloud secures Series C+ from CETC and Nio Capital

July 22, 2020 – Provider of cloud computing service solutions, BoCloud completed Series C+ financing, which was invested by CETC(China Electronics Technology Group Corporation)and existing investor Nio Capital.
Proceeds from this round of financing will continue to be used for the development and innovation of the core technology of its product matrix, business market scale expansion, the ecological construction of industry solutions and channel partner ecological construction.
Founded in 2012, BoCloud is a PaaS and CMP multi-cloud management company in China. Through the PaaS technology platform consisting of container cloud, micro-services and DevOps, the company provide clients with application-oriented management solutions.
The products and services of BoCloud have been widely used in over 200 large clients in the financial, energy, manufacturing and other industries, and the company continue to lead startups on the same track in terms of revenue, growth rate, and profitability.