It took only four years to become a 1.1 billion-dollar unicorn Kingsoft in the cloud computing world.

Source: Internet
Author: User

Core tip: a few days ago, Jinshan Software ceo& Kingsoft CEO Hongjiang received the interview of China IDC Circle reporters, detailed explanation of the financing after the kingsoft of the specific strategic planning.

China's IDC Circle May 10 reported that, although the capital of the winter period, but the slightest stop investors on cloud computing enthusiasm. recently, Kingsoft completed nearly $50 million c+ round financing, with the C-round financing of $60 million total amount of more than $100 million. The financing made Kingsoft a unicorn in a $1.1 billion cloud startup.

Kingsoft, a holding company of Jinshan Group, was founded in 2012 and has established data centers and operations in mainland China, Hong Kong and North America, and the game cloud, launched in 2014, currently provides one-stop cloud service solution for 90% Heavyweight game publishers and CP (developers). In March 2015, Kingsoft opened a new pattern in the fields of video, Internet and enterprise business. The same year December Jinshan Chairman, Millet company chairman and CEO Lei June publicly said, Jinshan future three years of strategic focus will be its kingsoft. Recently, Jinshan Software ceo& Kingsoft CEO Hongjiang received the interview of China IDC Circle Reporter, explained in detail the Kingsoft after the financing of the specific strategic planning.

Jinshan Software ceo& Kingsoft CEO Hongjiang

Top three of the domestic public cloud market

For cloud service providers, technology is the first, followed by scale and functionality, and finally service capability. The breakthrough in technology is not difficult, the difficulty is the ability to have large-scale engineering. At present, Kingsoft in the domestic public cloud market performance, ranked in the top three.

In particular, Kingsoft has successfully provided large-scale cloud storage services, with more than million cores of computing power, its stable and efficient cloud computing capabilities to meet the diverse needs of users, in the hybrid cloud technology, its APC in the virtual Private connection deployment is the best in the country, The most obvious is that users who were originally on the private cloud started migrating to Jinshan public cloud and hybrid cloud.

Hongjiang said: "Cloud computing as a long-term development of the industry, need to continue to invest. Although Kingsoft into the top three, but our goal is not only the top three, we want to become China's cloud computing giants, thus gradually moving to the world. ”

Continuous force and lead the video cloud service

In recent years, Jinshan group gradually overweight Kingsoft, last June, Jinshan Software announced the placing of existing shares and subscribe to the new share plan, will raise funds of 80% (about HK $2.1765 billion) will be used as Jinshan Cloud Group to provide funds to build cloud infrastructure and strengthen its cloud technology and services development and research capabilities. It is reported that the c+ round of financing by CM investors to vote for $20 million to subscribe to 34,097,432 shares of the C Series of preferred shares. Kingsoft software with investment, to 28.9 million U.S. dollars to subscribe to 49,275,463 shares of C Series of preferred shares. After a series of financing, Kingsoft in the group's status is gradually clear, Hongjiang pointed out: "Today we talk about the overall business of Jinshan is two words one is mobile, one is the cloud." Kingsoft is the backbone of the group's future. ”

It is learnt that when Kingsoft became the largest public cloud storage service provider in China, when providing storage services for video customers, the user wanted to provide a one-stop service for video-related codec, transcoding and streaming capabilities, so Kingsoft began to enter the field of video broadcasting. 2016, Kingsoft will focus on the field of video cloud broadcasting, the financing is mainly used in this. In addition to financing, Kingsoft also acquired a video algorithmic company to improve its capabilities. A lot of effort has been paid off: The Parade broadcast last September 3 and Kingsoft's support for today's headline video live have been impressive.

The competition for cloud computing is protracted and it is essential to be prepared to kingsoft the speed and market position of the c+ round. Hongjiang stressed: "At present, the main mobile video broadcast site are our users." Mobile video as the core point, our overall business needs to do long-term investment preparation. In addition to the video business, financing will also be used to expand IDC resources, expand bandwidth resources and improve the research and development capabilities of Jinshan Cloud team. ”

In addition to the video cloud, government cloud and medical cloud are also the focus of Kingsoft this year. Last year Kingsoft won the bid for Beijing government Affairs Cloud, fully demonstrated its ability in the government cloud. In fact, whether the game cloud, the storage cloud or the government cloud are all based on the hybrid architecture pattern. Usually, the government cloud needs some private cloud and a part of the public cloud or private cloud to build, need complex technology, especially need a virtual private network technology, in the domestic cloud computing company mastering the technology is not uncommon, kingsoft at the end of last year successfully developed and launched The medical field has a high demand for public cloud storage capacity and hybrid cloud computing capability, and Kingsoft has cooperated with Peking University People's Hospital recently.

For the future, Hongjiang said: "Kingsoft will focus on how to rapidly expand the mobile video market, improve the overall team development capabilities and how to enable users to get better service." ”

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It took only four years to become a 1.1 billion-dollar unicorn Kingsoft in the cloud computing world.

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