IaaS startup Ucloud announced $10 million of Series A financing led by DCM and Bertelsmann, the largest capital injection in this sector so far. The fund is now in place. The investment will be poured in R&D, marketing and procurement of hardware, such as servers, according to Ji Xinhua, CEO of the company (report in […]
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AWS Landing in China in Cooperation with Cloud Computing Infrastructure Provider Cloud Valley
Amazon’s AWS cloud services division inked strategic cooperation agreement with Cloud Valley, a Beijing-based cloud computing infrastructure provider backed by CBC Capital, finally landing in Chinese market after loads of buzz since 2009, as well as the rumors fueled by a Chinese AWS website launched late 2012 (report in Chinese). The two parties may set up […]
