Economics, Finance and Information Technology

Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.

Tuesday 7 January 2014

QingCloud announced today completion of $20 million funding

Chinese Cloud service provider QingCloud today announced completion of $20 million funding in Series B. The round is led by Lightspeed China Partners and joined by Matrix Partners China and existing investor BlueRun Ventures.

Launched in July 2013, the young service has had 5000 customers. The startup behind QingCloud was founded two years ago.

The funding will be used for launching nodes in South China in March and more in other areas of China, Asia-Pacific and North America, according to Richard Huang, CEO of the company.

Source: TechNode

Tuesday 7 January 2014

QingCloud announced today completion of $20 million funding

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