China's VC-backed cloud service developer Qiniu nets $141m in Series F round

China's VC-backed cloud service developer Qiniu nets $141m in Series F round

Shanghai-headquartered cloud and data solution provider Qiniu Cloud on Tuesday announced that it has raised as much as 1 billion yuan ($141 million) in its Series F round of financing from state-owned China Structural Reform Fund Corporation Limited, BOCOM International Holdings Company Limited and Jumbo Sheen Group’s investment arm.