Cloud communications platform Agora has raised $70 million in Series C funding led by Coatue Management. Existing investors Morningside Venture Capital, Susquehanna International Group and Shunwei Capital, a fund backed by Xiaomi’s founder Lei Jun, also joined the round.
Agora received an undisclosed amount of Series A funding from Shunwei Capital in 2014, then closed a $60 million Series B funding in June this year from GGV Capital, Morningside Venture, SIG, Shunwei and IDG Capital.
Founded in 2014, the company is a real-time communications service provider, the first of its kind in China. It provides communications technology and cloud distribution services for...
¬ Haymarket Media Limited. All rights reserved.
