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Alibaba Cloud Closes $1.0B Series B Round

Recently funded · $1.0B Series bTechnology, Information and MediaCNView source

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Alibaba Cloud, the largest provider of public cloud services in China and Asia Pacific, has secured $1.0B in a Series b funding round. The capital infusion underscores the company's significant footprint in the global cloud computing and artificial intelligence sectors.

Founded in 2009, Alibaba Cloud leverages its proprietary Apsara Cloud operating system to offer a comprehensive suite of cloud services, spanning IaaS, PaaS, and MaaS. The company provides enterprises with high-performance, low-cost computing resources and platform services for large-scale AI model training, fine-tuning, and inference, including its proprietary LLM, Qwen.

Other China companies recently funded

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Biggest recent Cloud rounds

Largest funding rounds in Cloud on Signalbase right now.

#CompanyAmount
1
AirTrunk logo

AirTrunk

Australia

$16.0B
2
Aligned Data Centers logo

Aligned Data Centers

United States

$5.0B
3
EcoDataCenter logo

EcoDataCenter

Sweden

$5.0B
4
Gulf Data Hub logo

Gulf Data Hub

United Arab Emirates

$5.0B
5
Switch logo

Switch

United States

$4.3B

Other recent Series b rounds

Companies that recently closed a Series b round.

#CompanyAmount
1
Yolo Tech Insurance logo

Yolo Tech Insurance

Italy

$3.3M
2
Zesty logo

Zesty

United States

$75.0M
3
HACARUS logo

HACARUS

Japan

$2.5M
4
HelloSign logo

HelloSign

$16.0M
5
Usercentrics logo

Usercentrics

Germany

$20.6M