What is ChinaCache?
ChinaCache operates as a comprehensive solutions provider for internet content and application delivery services across China. Leveraging a distinctive 3-tier internet ecosystem, the company extends its offerings to include internet data center management, internet exchange operations, and cloud hosting services. ChinaCache's robust network is strategically interconnected with incumbent carriers and other local internet and broadband service providers in China, enabling it to enhance the reliability and scalability of online services for a diverse clientele, including enterprises, SMEs, and government organizations.
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 Intel Capital, JAFCO, Starr Companies, Susquehanna International Group, and Draper Fisher Jurvetson (DFJ)
Series B (2007): $31.5M led by C.V. Starr International,, Qiming Venture Partners, Investor AB, Susquehanna International Group, SIG China, Ignition Partners, Sigma Partners, JAFCO, and Intel Capital
Share Placement (2014): $55M, investors not publicly disclosed
Key Investors in ChinaCache
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups across various technology sectors including AI, autonomous vehicles, and cloud computing, aiming to foster technological advancement.
JAFCO
JAFCO Group Co., Ltd. specializes in venture and buyout investments, supporting startups and SMEs in their growth phases with a focus on creating new businesses and achieving re-growth.
Qiming Venture Partners
Qiming Venture Partners is a leading investment firm focused on the technology and healthcare sectors in China, backing innovative companies from early-stage to growth-stage.
What's next for ChinaCache?
The substantial enterprise-level funding and recent strategic investment indicate ChinaCache's maturity and its pivotal role in China's digital infrastructure. This financial backing is likely to fuel further expansion of its network capabilities, enhance its cloud hosting and data center management services, and potentially support strategic acquisitions or partnerships. The company is well-positioned to capitalize on the growing demand for high-performance internet services and robust digital solutions in one of the world's largest markets.
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