What is Ofo?
Ofo operates within the Internet Related activities sector, with a specialized focus on Internet Security and E-Commerce development since its inception in 2014. The company has developed a proprietary Secure Web Immersion Methodology (SWIM), designed to bolster the security of web server farms and the e-commerce applications they host, providing clients with robust web infrastructure solutions.
How much funding has Ofo raised?
Ofo has raised a total of $700M across 1 funding round:
Other Financing Round
$700M
Other Financing Round (2017): $700M, investors not publicly disclosed
What's next for Ofo?
The substantial enterprise-level funding and recent strategic investment suggest Ofo is poised for significant scaling and further development of its secure web infrastructure and e-commerce solutions. This capital injection is likely to fuel expansion into new markets, enhance its SWIM methodology, and potentially explore strategic partnerships to solidify its position in the competitive internet security and e-commerce landscape.
See full Ofo company page
