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Cloud Security Provider Cloudscreen Raises RMB 20 Mln Angel Funding

36Kr.com, 8/14/18

Hangzhou-based cloud security services provider Cloudscreen Technology recently announced completion of RMB 20 mln in angel funding led by Northern Light Venture Capital (NLVC)

Cloudscreen is a network security firm specializing in enterprise data security and has developed a variety of technologies covered by US and Chinese patents in the cloud security, network security, and data security domains. The company currently focuses mainly on the large-scale manufacturing, financial insurance, biomedicine, and IT and Internet industries and collects a combination of software use fees and service fees to charge customers based on their actual business application scenarios. Cloudscreen provides its own SaaS services and also supports private deployments. Order size for small companies is typically in the RMB 5-digit range and is generally around RMB 1 mln for larger enterprises.

Cloudscreen was established in November 2016.

Keywords: Cloudscreen VC Internet funding security Northern Light Venture Capital angel funding Software as a Service cloud computing

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