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Home Gadgets Zenlayer to leverage $50 million to expand India business

Zenlayer to leverage $50 million to expand India business


Cloud computing providers agency Zenlayer plans to leverage $50 million that it closed not too long ago for growth of enterprise in rising markets, together with India. The collection C fundraising spherical was led by a gaggle, together with Anatole Funding and Prospect Avenue Capital.

The funding spherical additionally witnessed the participation of present investor Volcanics Enterprise.

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“With over 700 million lively Web customers in India, Zenlayer acknowledges the necessity for higher connectivity and lowered information latency.

“With the funding procured from our collection C spherical we intention to additional strengthen our workforce throughout India for a wider geographical attain,” Zenlayer India managing director Amit Singh stated in an announcement.

The workforce will even serve a extra complete set of industries and additional develop our community to cater to verticals like gaming, and bitcoin buying and selling platforms, in addition to the standard ones like healthcare, retail and e-commerce, BFSI, IT and telecommunication, amongst others.

“We additionally plan to construct native groups for gross sales, presales and IDC operations throughout Bangalore and Hyderabad. Just like the present construction in Mumbai and Delhi taking our enterprise workforce energy to over 20,” Singh stated.

Thus far, the corporate has raised a complete fund of $90 million.

Zenlayer founder and CEO Joe Zhu stated the corporate will speed up the event and adoption of platform-as-a-service and proceed to concentrate on rising markets.


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