# Speed Clouds

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/speed-clouds

- Industry: Software
- Headquarters: Hangzhou, China
- Website: www.speed-clouds.com
- Latest round: Angel (Jul 1, 2016)
- Investors on record: 1

## About

Speed Clouds delivers innovative cloud-based solutions aimed at improving operational efficiency and data management for diverse industries, including finance and healthcare.Founded in 2016 and headquartered in Hangzhou, China, Speed Clouds specializes in cloud infrastructure services. The company has executed 2 deals to date, with its most recent funding round occurring on June 20, 2017. Speed Clouds was founded by individuals with backgrounds in technology and business, although specific details about the founder's previous endeavors are not disclosed.Speed Clouds specializes in offering cloud-based solutions designed to enhance operational efficiency and streamline data management for businesses across various sectors. Their core product is a comprehensive cloud infrastructure service that facilitates data storage, processing, and analytics, primarily catering to industries such as finance, healthcare, and retail. Released in recent years, these solutions address key challenges such as data accessibility, security, and real-time analytics, which are critical for businesses looking to leverage big data for decision-making. The company's client base includes small to medium enterprises (SMEs) and large corporations distributed across North America, Europe, and parts of Asia, all of which utilize Speed Clouds' products to optimize their operational workflows and improve customer engagement.The revenue model for Speed Clouds is structured around a subscription-based service, providing clients with scalable access to their cloud solutions. Businesses engage with the company through annual contracts that include tiered pricing plans based on usage levels, which allow for flexibility and customization according to specific business needs. This transactional framework supports both B2B and direct-to-consumer segments, as enterprises seek reliable cloud infrastructure to enhance their digital capabilities. Flagship services may include premium data security features and advanced analytics tools, offering distinct value propositions to clients aiming to elevate their technological frameworks. The transactions typically involve recurring billing cycles, ensuring a steady revenue stream as clients renew their subscriptions annually.Looking ahead, Speed Clouds plans to introduce new products that address emerging needs in cloud computing, with specific launches expected by mid-2023. The company aims to expand its market reach into Southeast Asia and Europe by the end of 2024. The capital raised in June 2017 during a pre-A funding round led by Fortune Venture Capital, with involvement from Rushan Investment Management and ZhenFund, will be directed towards developing these new offerings and supporting market entry initiatives.

## Funding rounds

- Angel, Jul 1, 2016 — Crestvalue

## Investors

- Crestvalue (https://capitalatlas.ai/funds/crestvalue) — Angel