Kingsoft Cloud Secures $240 Million to Accelerate Global Innovation and AI-Driven Cloud Solutions

Kingsoft Cloud, one of the world’s leading cloud computing service providers and a flagship unit of Kingsoft Group, has proudly secured US $240,000,000 in its latest funding round. As one of China’s top three cloud computing companies, Kingsoft Cloud has consistently pushed the boundaries of digital innovation since its foundation in 2012, boasting a comprehensive global footprint with data centers and branch offices in locations such as Beijing, Shanghai, Chengdu, Guangzhou, Hong Kong, and North America. This substantial new capital injection will empower the company to both fortify its existing portfolio and explore new horizons in cloud technology, artificial intelligence, and industry-specific solutions. With an extensive product suite that covers everything from cloud servers, relational databases, object storage, and VPNs to managed services like hosted Hadoop and cloud security, Kingsoft Cloud is uniquely positioned to cater to an array of industry demands—from gaming and video streaming to government, healthcare, and financial services. The investment will accelerate the development of innovative solutions such as the Kingsoft AI Propeller (KAP), a groundbreaking platform that integrates Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS) to deliver intelligent, industry-tailored offerings. As Kingsoft Cloud is valued at over US $2.373 billion—the highest among independent cloud service providers in China—this funding milestone not only underlines investor confidence, but also paves the way for accelerated global expansion and technical excellence. By leveraging this new capital, the company is set to further its mission of delivering competitive, secure, and high-quality cloud computing services that bring the future into the present for customers worldwide.