India's First International News Journal

India's First International News Journal

Sunday, October, 2, 2022

Press Release

Zenlayer Receives C+ Funding from Telkom Indonesia
Z

                     





                            Mumbai, Maharashtra, India:
                         <a rel="nofollow noopener" target="_blank" href="http://www.zenlayer.com/">Zenlayer</a>, a leading-edge cloud services provider focused on improving real-time digital experiences in emerging markets, announces the closing of a supplemental round of financing today from <a rel="nofollow noopener" target="_blank" href="https://www.mdi.vc/">MDI Ventures</a>, the investment arm of Telkom, the largest telecommunications company in Indonesia. This C+ funding brings the entire Series-C financing round to $62 million.

 
“This strategic investment will fortify Zenlayer’s position as the edge cloud provider of choice in Indonesia and its surrounding regions,” comments Joe Zhu, CEO & Founder of Zenlayer. “We are highly committed to Southeast Asia, as evidenced by our new dedicated sales and support team headquartered in Singapore. In Indonesia alone, we have 16 interconnected PoPs (points of presence), along with an additional 150 PoPs in APAC. Telkom’s vast network in Southeast Asia will boost our capability to provide on-demand, ultra-low latency compute and networking services in the world’s fastest-growing internet region.”
 “We are investing in Zenlayer because we saw its explosive growth potential,” states Donald Wihardja, CEO of MDI Ventures. “In just the past six months, not only has the company expanded its global infrastructure and workforce by 25%, but it has also launched a successful PaaS product – Zenlayer Global Accelerator (ZGA), signaling its technological capability to move up the stack. We look forward to offering Telkom customers easy-to-use cloud services powered by APIs as we dive deeper into our partnership with Zenlayer.”
 
For more information about Zenlayer, please visit www.zenlayer.com. And follow Zenlayer on LinkedIn and Twitter.About Zenlayer

Zenlayer offers on-demand edge cloud services in over 220 PoPs around the world, with expertise in fast-growing emerging markets like China, India, Middle East, South America, and Southeast Asia. Businesses utilize Zenlayer’s edge cloud platform to instantly improve real-time digital experiences across the globe.

About MDI Ventures

MDI Ventures is an USD 840+ million multi-stage venture capital firm from Indonesia’s largest telecommunications company. It is the largest technology investment company in the country and has one of the best performing funds in Asia. The company’s global portfolio spans a wide range of sectors, including healthcare, logistics, fintech, Deep Tech, consumer tech, and more. The holding company PT Telekomunikasi Indonesia Tbk (Telkom Group) is a state-owned enterprise of the Republic of Indonesia. The company is listed on the Indonesia Stock Exchange (IDX: TLKM) and has a secondary listing on the New York Stock Exchange (NYSE: TLK).

                    <p class="margin-bottom">
                        Submit your press release 
                    </p>
Disclaimer: This Press Release has not been vetted or endorsed by The Eastern Herald's editorial staff.

The stories shaping the world

Partner Agency

Business Wire India
Business Wire India
The Business Wire India news distribution platform ensures that your news is disseminated instantaneously through key information systems.

Trending

You may consider