Zenlayer raises $50M to enhance edge Cloud biz

Mumbai: Global edge cloud service provider Zenlayer on Thursday announced the closing of its $50 million Series C round. The company said it will allocate the new funds towards enhancing its edge cloud technology and expanding global network coverage.

The round was led by a group including Anatole Investment and Prospect Avenue Capital and included existing investor Volcanics Venture.

These investors join F&G Venture, NSFOCUS and Forebright Capital to bring Zenlayer’s total financing to $90 million since inception, the company said in a statement.