What is ChinaCache?
ChinaCache International Holdings Ltd. operates as a comprehensive provider of Internet content and application delivery services within China. Leveraging a sophisticated 3-tier Internet ecosystem, the company extends its offerings to include Internet data center management, Internet Exchange operations, and cloud hosting services. Its extensive network is strategically interconnected with major carriers and local Internet service providers across China, enabling enterprises, SMEs, government agencies, and other organizations to enhance the reliability and scalability of their online services and applications.
How much funding has ChinaCache raised?
ChinaCache has raised a total of $118.5M across 3 funding rounds:
Series A
$32M
Series B
$31.5M
Share Placement
$55M
Series A (2005): $32M with participation from Starr Companies, Intel Capital, Draper Fisher Jurvetson (DFJ), JAFCO, and Susquehanna International Group
Series B (2007): $31.5M led by Ignition Partners, Sigma Partners, Investor AB, Intel Capital, SIG China, JAFCO, Susquehanna International Group, C.V. Starr International,, and Qiming Venture Partners
Share Placement (2014): $55M, investors not publicly disclosed
Key Investors in ChinaCache
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies. Intel Capital curates thousands of business development introductions each year. It is headquartered in Santa Clara, California.
Draper Fisher Jurvetson (DFJ)
Draper Fisher Jurvetson is a leading venture capital firm with a global presence through a network of affiliated funds, with offices in more than 30 cities around the world and approximately $6 Billion in capital commitments. DFJ's mission is to identify, serve and provide capital for extraordinary entrepreneurs anywhere who are determined to change the world.
JAFCO
JAFCO Group Co., Ltd. specializes in venture investments aimed at startups that challenge the creation of new businesses, as well as buyout investments targeting small to medium-sized enterprises seeking to achieve re-growth. The company has been supporting diverse challenges alongside entrepreneurs since its establishment in 1973.
What's next for ChinaCache?
The substantial enterprise-level backing ChinaCache has received, particularly the major strategic investment in 2014, indicates a phase of sustained growth and market consolidation. This capital infusion is likely to fuel further network expansion, technological advancements in content delivery, and the enhancement of its cloud and data center management capabilities. The company's focus on providing robust and scalable internet infrastructure positions it to capitalize on the burgeoning digital economy in China, with future developments potentially including deeper integration of cloud services and advanced application delivery solutions.
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