About Root Cloud
Root Cloud is a company based in Haidian (China) founded in 2006 by Zhen Liu. Root Cloud has raised $194.54 million across 3 funding rounds from investors including Tencent, IDG Capital and Haitong Bank. Root Cloud operates in a competitive market with competitors including Lantronix, Kontakt, Haltian, Wind River and UnaBiz, among others.
- Headquarter Haidian, China
- Founders Zhen Liu
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$194.54 M (USD)
in 3 rounds
-
Latest Funding Round
$122.35 M (USD), Series C
Dec 17, 2020
-
Investors
Tencent
& 11 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Root Cloud
Root Cloud has successfully raised a total of $194.54M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $122.35 million completed in December 2020. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $122.4M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series C - Root Cloud | Valuation | IDG Capital | |
| Jun, 2019 | Amount | Series B - Root Cloud | Valuation | ZWC Ventures , Matrix Partners China |
|
| Jun, 2017 | Amount | Series A - Root Cloud | Valuation | Matrix Partners China , SDIC Innovation |
|
Investors in Root Cloud
Root Cloud has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, IDG Capital and Haitong Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm
|
Founded Year | Domain | Location | |
|
Investment banking services, corporate financing, and capital markets operations are conducted globally.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
Investments & Acquisitions by Root Cloud
Financial Statements - Root Cloud
Root Cloud Comparisons
Competitors of Root Cloud
Root 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 Lantronix, Kontakt, Haltian, Wind River and UnaBiz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of end to end IoT components
|
|
| domain | founded_year | HQ Location |
AI-based location and sensor data insights are provided for businesses.
|
|
| domain | founded_year | HQ Location |
End-to-end IoT solutions and sensors for enterprises are provided.
|
|
| domain | founded_year | HQ Location |
AI and cloud-enabled embedded software is provided for connected systems.
|
|
| domain | founded_year | HQ Location |
IoT product design, manufacturing, and data platform services are provided.
|
|
| domain | founded_year | HQ Location |
Network equipment, automation, and embedded computing solutions are provided.
|
Latest news on Root Cloud
Frequently Asked Questions about Root Cloud
Root Cloud was founded in 2006 and raised its 1st funding round 11 years after it was founded.
Root Cloud is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Root Cloud is a funded company, having raised a total of $194.54M across 3 funding rounds to date.
Root Cloud was founded in 2006 in Haidian, China, and operates in the IoT sector for enterprise applications. Internet-connected data acquisition terminals, IoT gateways, GSMGPRS modules, GPS positioning devices, and operating platforms are included in the product line. These solutions support operations in robotics, manufacturing, healthcare, agriculture, and related fields.
Root Cloud's top competitors include Digi International, UnaBiz and Kontakt.
Root Cloud has 12 investors. Key investors include Tencent, IDG Capital, Haitong Bank, Keyuan Industrial Fund, and Tianya Capital.