EasyStack Closes RMB300M Series C+ Financing Round

EasyStack, a Beijing, China-based provider of open source cloud computing products and services, completed a Series C+ round financing totaling RMB300m.

Multiple RMB funds participated in the round.

The company intends to use the funds for R&D on core technologies, development of cloud computing products, and building an ecosystem for enterprise solutions.

Founded in February 2014 by Chen Xilun, CEO, EasyStack provides innovative technologies and products to establish cloud-based platforms in more than 300 large and medium-sized enterprises.
The company is to introduce ECS Stack, a cloud-ready hyper-converged infrastructure product, which will be officially launched during the month of July, and announced the hardware reference architecture for ECS Stack. Sugon, an official strategic partner for ECS Stack, will launch the appliance based AIO integrated solution in the third quarter.

In terms of ecosystem and channels alliances, EasyStack now has more than 100 ecosystem partners and over 300 channel partners.



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