The leading global edge cloud service provider Zenlayer has announced that it has raised $50 million in Series C financing. The funding round was led by a group including Anatole Investment and Prospect Avenue Capital, and included existing investor Volcanics Venture.
Zenlayer helps businesses around the world deploy compute for its end users through its unique cloud offerings. This accelerates their clients’ networks and enhances the digital experience.
“IT Infrastructure is a critical need for digital enterprises and Zenlayer has demonstrated the immense value companies gain by improving their users’ digital experience. We’re excited to help Zenlayer accelerate their rapid growth and expansion, and continue to innovate edge cloud computing to new heights,” said George Yang, Chief Investment Officer, Anatole Investment
The company has thus far raised $90 million in total since inception. The fresh funding will be used by Zenlayer to enhance its edge cloud technology and expanding its global network coverage.
“We'll accelerate the development and adoption of our PaaS solutions, and continue to focus on emerging markets, helping our customers to capture the explosive growth of regions like Southeast Asia and South America. This capital will bring us one step closer to realizing our mission of improving digital experiences for every organization and person, anywhere in the world,” said Joe Zhu, Zenlayer’s Founder & CEO.
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