When was 99Cloud founded?

99Cloud was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is 99Cloud located?

99Cloud is headquartered in Shanghai, China.

How many employees does 99Cloud have?

As of Jun 30, 2026, the latest employee count at 99Cloud is 32.

Is 99Cloud a funded company?

99Cloud is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 17, 2015.

When was the latest funding round of 99Cloud?

99Cloud's latest funding was a $***** Series B round on May 29, 2020, with participation from 2 investors.

Where does 99Cloud rank among its competitors?

99Cloud ranks 12th amongst 21 active competitors, of which 6 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Dkloud, which secured $3.15M in Jun, 2025.

Who are the top competitors of 99Cloud?

99Cloud's top competitors include Red Hat, Platform9 and H3C Technologies. Among them, Dkloud secured the most recent funding round in June, 2025.

99Cloud - 2026 Company Profile, Team, Funding & Competitors

99Cloud is a series B company based in Shanghai (China), founded in 2012 by Chun Zhang. It operates as a Develops products based on open stack. 99Cloud has raised an undisclosed amount in funding from investors like Intel Capital, Shandong Yinfeng Investment Group and Ningbo Dongyuan Venture Capital. The company has 21 active competitors, including 6 funded and 3 that have exited. Its top competitors include companies like Red Hat, Platform9 and H3C Technologies.

Company Details

99Cloud develops products such as Animbus Cloud OS which is a cloud OS based on OpenStack. The company also offers HA Controller which is a hardware switch that achieves switching in 5-10 timeout, for Finance industry. The company also offers cloud in box (CIB) which is a private cloud deployment of OpenStack. The company also offers OpenStack training and services such as consulting and design.

Key Metrics

Founded Year

2012

Location

Shanghai, China

Stage

Series B

Latest Funding Round

Series B, May 29, 2020, $*****

Investors

Intel Capital & 4 more

Ranked

12^th among 21 active competitors

Employee Count

32 as on Jun 30, 2026

Similar Companies

Red Hat & 22 more

View 99Cloud's full profile

99Cloud has raised funding over 2 rounds. Its first funding round was on Sep 17, 2015. Its latest funding round was a Series B round on May 29, 2020 for $*****. 2 investors participated in its latest round. 99Cloud has 5 institutional investors.

Here is the list of recent funding rounds of 99Cloud:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 29, 2020	2565682	Series B	8748194	3419879	5319128	1299055
Sep 17, 2015	2540172	Series A	2940615	9981239	Intel Capital	1673857

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View details of 99Cloud's funding rounds and investors

The founders of 99Cloud is Chun Zhang.

Here are the details of 99Cloud's key team members:

Chun Zhang: Founder & CEO of 99Cloud.

View details of 99Cloud's Founder profiles and Board Members

99Cloud's employee count trend

99Cloud has 32 employees as of Jun 26. Here is 99Cloud's employee count trend over the years:

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Top competitors of 99Cloud include Red Hat, Platform9 and H3C Technologies. Here is the list of Top 10 competitors of 99Cloud, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Red Hat 1993, Raleigh (United States), Acquired	Openstack distribution and cluster management platform	-	Berkshire Hathaway, Intel & 9 others	71/100
2nd	Platform9 2013, San Jose (United States), Series D	Provider of container development and management platform	$100M	Celesta Capital, Menlo Ventures & 12 others	69/100
3rd	H3C Technologies 1999, Hangzhou (China), Acquired	Cloud OS based on OpenStack	-	-	53/100
4th	EasyStack 2014, Beijing (China), Series D	OpenStack solution and service provider	$129M	BlueRun Ventures, JD.com & 6 others	45/100
5th	oeCloud 2017, Bengaluru (India), Unfunded	Open source framework for development and deployment of cloud-native applications	-	-	41/100
6th	Piston Cloud 2011, San Francisco (United States), Acqui-Hired	Networking and cloud solutions provider enabling digital transformation and secure connectivity	$20.9M	Cisco Investments, True Ventures & 5 others	41/100
7th	Team Metacloud 2011, Pasadena (United States), Acqui-Hired	AI infrastructure, networking, and software solutions for a connected, secure world	$25M	Canaan, AME Cloud Ventures & 4 others	35/100
8th	Morphlabs 2007, Manhattan Beach (United States), Series D	Mobile growth hub offering tech guides, app reviews, and technology news	$20.5M	Tallwood Venture Capital, Frontera Capital ... & 6 others	35/100
9th	UnitedStack 2013, Beijing (China), Deadpooled	OpenStack based cloud OS	$16.5M	Cisco Investments, CRCM Ventures & 2 others	35/100
10th	Dkloud 2024, London (United Kingdom), Seed	Provider of tools and deployment solutions for decentralized cloud infrastructure	$3.15M	Telos, Animoca Brands & 2 others	34/100
12th	99Cloud 2012, Shanghai (China), Series B	Develops products based on open stack	-	Intel Capital, Shenzhen Guozhong Venture Capital Management ... & 3 others	35/100