About Megazone Cloud
Megazone Cloud is a company based in Seoul (South Korea) founded in 2018. Megazone Cloud has raised $514.94 million across 3 funding rounds from investors including KB Financial Group, Korean Development Bank and Korea Investment Holdings. Megazone Cloud operates in a competitive market with competitors including Datapipe, Crayon, 2nd Watch, All Cloud and SoftwareONE, among others.
- Headquarter Seoul, South Korea
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Megazone Cloud Co., Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$514.94 M (USD)
in 3 rounds
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Latest Funding Round
$343 M (USD), Series C
Aug 10, 2022
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Investors
KB Financial Group
& 14 more
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Employee Count
Not available
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People of Megazone Cloud
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Funding Insights of Megazone Cloud
Megazone Cloud has successfully raised a total of $514.94M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $343 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Megazone Cloud
Megazone Cloud has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include KB Financial Group, Korean Development Bank and Korea Investment Holdings.
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Private fund focused on debt and equity investments in medium and large-sized businesses
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Venture capital fund investing in early-stage tech startups
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Investor details for Megazone Cloud
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Investments & Acquisitions by Megazone Cloud
Investment portfolio details for Megazone Cloud
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Financial Statements - Megazone Cloud
Detailed financials for Megazone Cloud
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Megazone Cloud Comparisons
Peer comparison for Megazone Cloud
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Competitors of Megazone Cloud
Megazone Cloud operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Datapipe, Crayon, 2nd Watch, All Cloud and SoftwareONE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Managed hybrid cloud services are provided for enterprises.
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Crayon is involved in unspecified business activities.
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Public cloud workload management tools and services are provided.
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Services for the development and support of cloud-based applications
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IT service suite solutions are provided globally by SoftwareONE.
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Cloud services in PaaS, SaaS, and IaaS are provided.
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Detailed competitors of Megazone Cloud
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Latest news on Megazone Cloud
Complete news archive for Megazone Cloud
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Frequently Asked Questions about Megazone Cloud
Megazone Cloud was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Megazone Cloud is headquartered in Seoul, South Korea.
Megazone Cloud is a funded company, having raised a total of $514.94M across 3 funding rounds to date.
Megazone Cloud was established in 2018 in Seoul, South Korea. Operations are centered in the cloud computing sector, with a focus on Amazon Web Services. Architectural consulting is offered to design infrastructure, alongside deployment support for implementation and managed services for ongoing maintenance. These activities support businesses in optimizing cloud environments across the region.
Megazone Cloud has 15 investors. Key investors include KB Financial Group, Korean Development Bank, Korea Investment Holdings, National Pension Service, and Samsung Securities.
The valuation of Megazone Cloud is $1.86B as of Aug 2022.