Root Cloud
PrivateLast Round
Series C
Dec 17, 2020
Est. Valuation
$1B
Total Funding Raised
$194.2M
Company Overview
Root Cloud (also known as 树根互联) is a provider of an Industrial Internet of Things (IIoT) platform that delivers big data and IoT services globally. The company, incubated by SANY Group, offers an IIoT operating system called the ROOTCLOUD Platform, which provides end-to-end hardware and Software-as-a-Service (SaaS) solutions. These solutions are designed to help industrial enterprises with digital transformation by enhancing efficiency, reducing costs, and streamlining operations across various sectors like manufacturing, construction machinery, and logistics. The platform supports device connection, data intelligence, and industrial applications, and has been recognized by Gartner as a significant player in the IIoT space. The company serves thousands of clients across dozens of industries in over 45 countries.
Sector
Frontier & Industrial Tech
Verticals
Smart Manufacturing, Platform-as-a-Service, Edge Computing, Construction Tech, Computer Vision
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting, Government Contracts, Hardware + Subscription, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Root Cloud Comps
Public and private peers based on sector, stage, and business model.
Root Cloud Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Dec 17, 2020 | ||||
| Series B | Jun 17, 2019 | ||||
| Series A | Dec 1, 2017 |
Root Cloud Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Matrix | Series B, Series A |
| Haitong Bank | Series C |
| Hejun Capital | Series B |
| IDG Capital | Series C |
| Chord Capital | Series B |
| MPCi | Series B |
| Tianya Capital | Series C |
Root Cloud Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Root Cloud's valuation, stock price, and market status.