AAA City Cloud hosts corporates to raise $30m

City Cloud hosts corporates to raise $30m

China-based cloud computing and big data technology developer City Cloud International has secured $30m in a series B round co-led by networking technology provider Cisco, China Money Network has reported.

Cisco, which participated through its Cisco Investments subsidiary, co-led the round with property developer Country Garden Holdings.

City Cloud provides cloud computing software that helps customers use big data technology to manage smart cities and industrial activities. The company has not revealed details of earlier funding.

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