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News&Press > Zhuyun Technology Closes $15 Million Series C Funding Round & New Product Launch Press Conference

Zhuyun Technology Closes $15 Million Series C Funding Round New Product Launch Press Conference

June 8 2017
  • Samuel,CEO of Zhuyun Technologies introduced the newly launched product-CloudCare

  • A glimpse of speakers from Zhuyun

  • The conference was held under the theme of “Cloud Service--Simple but not Simplistic”

Shanghai,June 8,2017— Shanghai Zhuyun Information Technology Co.,Ltd.(hereafter referred as Zhuyun Technology),a leading provider of cloud services, announced today that it has successfully completed a $15 million Series C Funding Round, led by Fosun Group and with participation from Sequoia Capital. Meanwhile, CloudCare New Product Launch Press Conference was held as well.

“The latest round of funding will enable us to continue developing new products and further expand our global operations to meet worldwide customer demand.” said Samuel Jiang,CEO of Zhuyun Technology.

The theme of this Press Conference was “Cloud Computing Services —Simple but not Simplistic”. The services Zhuyun Technology provide are not as simple as it seems,” Samuel Jiang added, “Today,we live in a great era,with companies like Alibaba and Ant Financial changing our lives. With the advent of the era of DT (Data Technology), we hope to work together with partners to lower the cost of information technology and data technology so as to make IT simpler”.

As the Mission level Partner of Alicloud and the Setter of Domestic Cloud Service Industry Standard, Zhuyun Technology specializes in providing high quality services through the cloud with its newly launched product-CloudCare.CloudCare has aggregated the service capabilities of enterprise-level customers over the past four years and includes the company’s all-star products which provides customers better cloud computing services.

When registering as a member of CloudCare, customers will not only enjoy the “personalized” intelligent service, but also experience the 24-hour high–effective service by using the products of “Serviceboard “ ECAMS (Enterprise Cloud Asset Management Service)””Migration troubleshooting” or ”Security system”,etc.

"Give me a lever long enough and a fulcrum on which to place it, and I shall move the world."

CloudCare can be regarded as the fulcrum which aims to help change cloud computing services.Zhuyun Technology builds service-oriented cloud systems which truly serves the cloud computing. As companies migrate to the cloud at a rapid pace, on-site support will gradually be replaced by on-cloud services.

Guo Guangchang, Chairman of Fosun Group, congratulated Zhuyun Technology on the successful New Product Launch stating: ‘It’s been a pleasure to help and participate in the development of Zhuyun Technology. Choosing Zhuyun Technology to invest in was not only because cloud computing is a growth area, but also because Zhuyun Technology has a deep understanding and awareness of these technologies and services.’

Pan Donghui, Senior Vice President of Fosun Group, President of both Fosun Culture Industry Group and Fosun Internet&Investment Group, stated ‘Cloud computing makes enterprise IT simpler and evolutionary, creates more business drivers whilst optimizing efficiency. Over the past years, I witnessed Zhuyun Technology’s innovation, and I’m pretty confident that Zhuyun Technology will continue to work in an imaginative manner to expand the depth and breadth of its products so as to consistently provide customers with the high level of services.’

”Sequoia Capital invested in Zhuyun Technology in the Series A Funding Round and participated in the following funding round,” co-founder of Sequoia Capital,Zheng Qingsheng added,” Zhuyun Technology solves the pain points in the area of cloud computing services, which provides efficient support, reduces the threshold and cost and works out different cloud solutions in accordance with the different requirements of customers. I believe that a new funding round should enable them to address the considerable challenge of scaling up their business to much higher level.”

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