Staycloud, a cloud services provider, announced that it recently received over RMB 50 million (USD 7.7 million) from China’s e-commerce giant Alibaba in Series B financing, the tech blog 36 Kr reported on Wednesday.
After this round of financing, the company will become a partner of Alibaba’s cloud subsidiary Aliyun and will focus on providing services and products related to Aliyun. In 2014, the company landed RMB 10 million in Series A financing from Sequoia Capital and Gobi Partners.
Founded in 2013 in Shanghai, Staycloud is a company aiming to provide cloud services including consultations on how to operate in the cloud and maintenance methods for companies that have difficulty moving their business and data onto the cloud. Its staff is comprised mainly of former employees of foreign IT companies like IBM, EMC and HP.
Currently, the company’s main businesses include providing training on how to operate on the cloud for Aliyun users and the operation of Aliyun’s online experimental center. The center affords a real operating environment for users to help them master the methods for using and maintaining cloud services like remote data service (RDS).
Staycloud also makes Aliyun solutions for companies in all walks of life. For instance, it has launched a new service named Solution as Service for software companies to help them upload their software on Aliyun, complete software testing and make transactions.
“This year, we plan to be the best service provider for Aliyun and provide more services for Aliyun’s users,” said Jiang Shuomiao, CEO of Staycloud.
Founded in 2009, Aliyun is the largest cloud platform in China, providing services for more than 200 countries and regions, according to its official website. Aliyun’s revenue in Q4 2015 was RMB 819 million, a YoY increase of 126%, according to Alibaba’s 2015 Q4 financial report released in January 2016.
(Top photo from http://www.xiukee.com.)
