Chinese Video Cloud Service Provider POLYV Secures Over RMB100M in a Series B Round
2020-11-20 15:41:25

POLYV, one of Chinese leading video hosting and live streaming service providers, announces today that it has raised more than 100 million yuan in a Series B round of financing, which is led by Oriza Holdings, with Aurora Private Equity, Hike Capital, and the company's management and employees also participating.

According to POLYV, the latest capital will be used to further improve the technology research and development, as well as upgrade the product line.

Fully owned by Easefun, the cloud computing platform of POLYV started operating in 2012, providing Video Cloud and complete sets of API, SDK, and documents for developers. The company has served more than 160,000 corporate customers from the sectors of online education, finance, medical, Internet, etc, among which education giants include New Oriental and TAL.

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