Tech Company Financing Transactions
EasyStack Funding Round
EasyStack closed a $50 million Series C funding round on 1/12/2017. Investors included Cash Capital and RMB Funds.
Transaction Overview
Company Name
Announced On
1/12/2017
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Cash Capital (Lead Investor) (Hongwu Chen)
Proceeds Purpose
The company intends to use the funds primarily on the research and development of core open source technologies, eco-investment of the open source cloud enterprises solution, and team building of the enterprise cloud services.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Cloud Computing Innovation Center 1 Building No.10 XiBeiWan 107
HaiDian District Beijing, 100094
China
HaiDian District Beijing, 100094
China
Phone
Website
Email Address
Overview
EasyStack is a leading OpenStack cloud platform and services provider, founded in Feb.2014, core member came from IBM China research and development center. EasyStack provides an open, stable and reliable, high performance of the cloud computing services for enterprise customers based on OpenStack.
Management Team
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