Chinese cloud service provider UCloud announced today that it has begun testing a new data center in Los Angeles, U.S. It’s the company’s second data center outside mainland China, with one in Hong Kong which launched in November last year. Primarily for mobile gaming, UCloud aims to provide game developers with users outside China better services with […]
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Chinese Cloud Service Provider UCloud Announces US$50M in Series B to Expand to North America
Chinese Cloud service provider UCloud announces US$50 million in Series B funding led by Bertelsmann Asia Investments and Legend Capital, joined by existing investor DCM who participated in the previous round of US$10 million together with Bertelsmann. UCloud, founded in 2012 by former Tencent execs, is specialized in game hosting and related Cloud services. This round of funding […]
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[TechCrunch Beijing] Chinese Cloud Services Taking on New Role as Incubators
Guo Peng, vice president of UCloud, Dominique Tu, VP at Kii, and Lv Guihua, president at Qiniu, took stage today at TechCrunch Beijing with TechCrunch China co-editor Shuhang Lee to discuss the red-hot cloud service industry. As old friends of ours, the three panelists have joined us last year at TechCrunch Shanghai to talk about the sector. When being asked to […]
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Software House Kingsoft Seeks Turnaround with US$1bn Cloud Investment
Kingsoft, founded in 1988 as one of the first software development companies in China, announced yesterday that it would invest more than US$1 billion in its cloud business in the next three to five years. The company has jointly invested in 21Vianet, a Chinese network-neutral data center service provider, together with Xiaomi, whose CEO Lei Jun […]
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UCloud, the First Chinese Cloud Startup to Offer Game Hosting Overseas
UCloud is the first to offer game server hosting service to Chinese online/mobile games with presences outside China. The Chinese cloud startup has opened a data center in Hong Kong, for games with users in East & Southeast Asia, in late 2013 and is considering building another one in the U.S. As a flock of Chinese mobile […]
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BAI Launches Angel Investment Arm BetaFund to Foster Early-stage Startups
BAI CEO-Annabelle Long Bertelsmann Asia Investments (BAI), the investment arm of Bertelsmann AG in Asia, has announced the launch of BetaFund, an angel investment fund providing financing and professional support to early-stage startups. In next few years, BetaFund expects to invest tens of millions dollars in mobile, social networking and gaming industries, according to the […]
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Shenzhen-Based Coding Lets You Develop Anytime, Anywhere
Powered by Ucloud, Coding is a cloud development platform that allows developers to code anytime from any browser, and enables them to collaborate in real time. Similar cloud editors from the US include Codeanywhere and Cloud9, but these websites focus mostly on the development environment and partner with third-party services, for example, GitHub to host codes, […]
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Chinese Cloud Service Provider Qiniu Raises Eight-digit Dollars Series C Financing
Chinese cloud service provider Qiniu Information Technology announced eight-digit dollars of Series C financing led by CBC and followed by existing investors of Matrix Partners China and Qiming Venture Partners, who participated in Series A and Series B round, respectively. The company disclosed that the financing will be used in infrastructure and cloud industrial chain construction, R&D, […]
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Congratulations To ChinaBang 2014 Winners! HAXLR8R Wins Best Institutional Investor
The winners of ChinaBang Awards of the Year 2014 were announced at our annual event yesterday. Congratulations to all of the winners and nominees in nine categories! Hardware accelerator HAXLR8R beat out competitors and took home the best institutional investor award. Best Software/Consumer Apps NetEase Cloud Music Boqi eJiajie Super – Winner Liulishuo – Winner Didi Dache – […]
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[TechCrunch Beijing] Announcing Winner Of Startup Competition!
Beijing in the summer time! The TechCrunch Beijing Startup Competition culminates in a series of company pitches that vie for top honors. At stake are sponsored by Upyun Ucloud, Kiicloud, Qiniu, Amazon AWS, and a win earns the company instant credibility among the upper echelon of tech investors, entrepreneurs, and start-up influencers. Hundreds of startups have been […]
