Kingsoft Cloud Group secures $60m Series C from IDG Capital, others

Kingsoft Cloud Group secures $60m Series C from IDG Capital, others

cloud computing. Credit:Flickr/Gary Hayes

Kingsoft Cloud Group has secured a $60-million Series C investment from a syndicate of investors that includes its parent firm Kingsoft, IDG Capital Partners and AMC Investor. Kingsoft Cloud provides cloud-based hosting, storage and database services.

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