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Brv China-Backed Edge Cloud Provider Ppio Closes Rmb 250 Million Series A Financing

Jun 10, 2022•over 3 years ago

Round Type

series a

Beijing

Description

PPIO, a leading provider of edge cloud services, has raised nearly RMB 250 million (approx. USD 37.6 million) in a Series A financing led by Panlin Capital, China Creation Ventures (CCV), Shanghai Zhangjiang Technology Venture Investment and IMO Ventures, and with continued funding from existing investor BlueRun Ventures China (BRV China).

Company Information

Company

Ppio

Location

Beijing, Beijing, China

About

The firm has invested in more than 150 portfolio companies, including Li Auto (NASDAQ: LI), QingCloud (688316.SH), WaterDrop (NYSE: WDH), Energy Monster (NASDAQ: EM), Mogujie/Meilishuo (NYSE: MOGU), Qudian (NYSE: QD), Ganji/58.com, PPTV, Guazi, Meishubao, Nanyan, Shanzhen, Gaussian Robotics, Yi Auto, Pinecone, etc. PPIO provides them with comprehensive solutions, including audio and video management, cloud security, and application performance optimization.