Shanghai-based cloud storage service provider Qiniu.com has received tens of millions U.S. dollars series C financing led by CBC Capital, according to the company’s official announcement on Weibo. Existing investors Matrix Partners and Qiming Venture Partners also participated in the round. The proceeds will be used for developing Qiniu’s infrastructures and cloud systems, says the […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.