Zenlayer eyes enhanced cloud footprint following $50m Series C

May 14, 2021

US edge cloud service provider Zenlayer has closed a $50m Series C financing round led by Anatole Investment.

Also participating in the round were Prospect Avenue Capital as well as existing investor Volcanics Venture. To date, Zenlayer has raised $90m since its inception in 2014.

Zenlayer offers edge cloud solutions that support organisations in instantly implementing compute closer to end users as well as helping them speed up their networks to deliver a better service to users. The company claims users can deploy this without any infrastructure due to Zenlayer’s platform-as-a-service (PaaS) solutions.

The firm added its edge cloud services are using in over 180 point-of-presences worldwide, providing expertise to over 37 countries across six different continents. It also remarked that it accelerates five of the top 10 most popular global mobile games and three of the top ten global social media apps.

According to Zenlayer, it intends to use the raised capital to enhance its edge cloud technology as well as further expand its global network coverage.

Zenlayer founder and CEO Joe Zhu said, “I am excited to announce that we have successfully raised $50 million in Series C. We’ll accelerate the development and adoption of our PaaS solutions, and continue to focus on emerging markets, helping our customers to capture the explosive growth of regions like Southeast Asia and South America. This capital will bring us one step closer to realizing our mission of improving digital experiences for every organization and person, anywhere in the world.”

Anatole Investment CIO George Yang added, “Zenlayer is an edge cloud technologies leader uniquely positioned to accelerate digital transformation across the world. IT Infrastructure is a critical need for digital enterprises and Zenlayer has demonstrated the immense value companies gain by improving their users’ digital experience. We’re excited to help Zenlayer accelerate their rapid growth and expansion and continue to innovate edge cloud computing to new heights.”