CLOUDMILE BUILDS ITS INTERNATIONAL TEAM TO ENTER THE ASIAN MARKET
CloudMile, a cloud service provider specialized in artificial intelligence, announced today that it raised $6 million in its Series Pre-B round of venture funding led by CDIB Capital Management, Black Marble Capital Management and Taiwan Cooperative Venture Capital. CloudMile expects to spend the fund on expanding its oversea market and the R&D capacity to accelerate the development of its AI products and provide its clients with premium AI and cloud services. “In the two years since its establishment, CloudMile has been trusted by over 300 clients in Taiwan and Hong Kong,“ said Spencer Liu the CEO, “To better serve clients in Asia, we plan to enter Singapore officially in 2020. We will base our Operations HQ in Singapore and AI R&D center in Taiwan. CloudMile will advance the Asian market with the synergy of the best talents and technologies.
Founded by serial entrepreneur Spencer Liu in 2017, CloudMile provides enterprises with AI and cloud services. The company successfully build the first example of introducing AI technology into traditional industry of Google Cloud in Taiwan. With significant accomplishments and experiences, CloudMile is the Premier Partner of Google Cloud, and took the lead in acquiring Machine Learning Specialization, Data Analytics Specialization and Infrastructure Specialization. This year, CloudMile has been accredited for its financial, gaming, media, retail and manufacturing expertise by Google Cloud.
These past achievements helped the 3-year-old company earn the recognition of investors, allowing them to raise over 10 million dollars. “ Innovation can empower industries with better technologies and promote industrial upgrades. Amongst the many innovative technologies, AI innovation is regarded as the dominant technology that will revolutionize industrial development. In the past few years, CloudMile earned the trust of clients by helping them leverage cloud technology and successfully introducing AI technology to various industries. As a startup platform, CDIB Capital Management helps build bridges for startups to reach international capital and expand their markets. We are optimistic about CloudMile’s capability of providing premium AI and cloud services and believe as CloudMile expands its market in Asia, its AI services will assist more Asian enterprises to turn their business models upside down. Due to these reasons, we look forward to collaborating with CloudMile and placing Taiwanese innovation on the global stage,” said CDIB Capital Management Consultation Deputy General Manager, Ryan Kuo.