Cloopen Cloud Communications Announces Completion of $125 Million Series F Funding Round | Oasis Vitality
**"We first met in 2013, invested in 2014, and spent six years together through three rounds of funding — witnessing the extraordinary resilience of Sun and his company," said Jinjian Zhang, partner at Oasis Capital.** Following this financing round, Cloopen will further increase its R&D investment in intelligent cloud communications services to strengthen product depth and competitive moats. The company will also continue innovating to better empower enterprises and government organizations in digital transformation and intelligent upgrading. In addition, Cloopen will acceler—
Six Years of Partnership, Three Rounds of Investment
On November 5, Cloopen — a cloud-based intelligent communications service provider — announced the completion of its $125 million Series F funding round. The round was led by China Reform Venture Capital Fund, with strategic and financial investors including New Oriental Industry Fund, Mirae Asset, Bluevine Capital, and CloudAlpha also participating. Tengda Capital, Citi Global Markets Asia, and China Merchants Securities (Hong Kong) served as financial advisors. This marks the largest private equity financing in China's cloud communications sector to date.
Jinjian Zhang, Partner at Oasis Capital, commented: "We first met in 2013, invested in 2014, and have spent six years alongside them through three rounds of investment — witnessing the extraordinary vitality of CEO Sun and the company." Following this round, Cloopen will further increase R&D investment in intelligent cloud communications services to deepen its product capabilities and competitive moat. The company will also continue innovating to better support enterprises and government organizations in digital transformation and intelligent upgrades. Additionally, Cloopen will accelerate its overseas expansion, with the goal of becoming a globally leading next-generation communications service provider.
Cloopen positions itself as a specialized intelligent cloud communications service provider, delivering comprehensive communications and digital services to enterprises and government organizations through cloud-native and AI-powered solutions. Its client roster includes State Grid Corporation of China, Haier Holdings, Bank of China, Industrial Bank, SPD Bank, China Guangfa Bank, PetroChina, Sinopec, CRRC Capital, Ping An Insurance, Hyundai, Tencent, JD.com, Toutiao, TALEducationGroup, SF Express, and others, spanning industries such as financial services, education, manufacturing, energy, and internet.
Cloopen founder and CEO Changxun Sun stated that the company's mission is to enhance organizational communication experiences and operational efficiency. Communications services are essential to any enterprise. Starting from this point, Cloopen leverages AI, cloud computing, and other technologies to extend into full digital upgrades of enterprise production management, marketing, and operations systems — integrating and connecting these systems. From its original CPaaS communications service model to its current position as a full-product provider combining CPaaS, CC, and UC&C with effective AI enablement, Cloopen is driving accelerating cloud adoption and intelligent transformation across financial services, education, energy, internet, automotive, and other industries.
The lead investor, China Reform Venture Capital Fund, commented: "China's cloud computing market is in a rapid growth phase, creating enormous market space for enterprise-grade cloud services. As a pioneer and leader in China's vertical cloud communications sector, Cloopen has deeply cultivated the commercialization of 'communications + AI,' and now possesses industry-leading technical capabilities and the most comprehensive product portfolio."
Zhao Zheng, Managing Partner of New Oriental Industry Fund, noted: "Cloopen empowers the entire lifecycle of the education industry through its full product suite, deeply integrating promotion, sales, customer service, student management, referral programs, and follow-up visits into a closed-loop service. Cloopen's founding team has accumulated years of experience and built resource barriers in the cloud communications industry, with equal emphasis on technology and product strength."
Wang Jinyin, Head of Private Equity at Mirae Asset, observed: "Cloopen has built a complete intelligent product ecosystem through its strong R&D capabilities, meeting user needs across various scenarios and delivering truly one-stop cloud communications services. As the company's understanding of different business scenarios deepens, its specialized, refined, and flexible service capabilities have gained broad recognition from industry-leading enterprises."
The above information is sourced from 36Kr Pro.
Oasis Capital is a new-generation venture capital firm in China, dedicated to discovering the most vital entrepreneurs of the next decade and growing alongside them to create long-term value. "Championing Vitality" is Oasis's vision and mission. This vitality — or what we call Vitality — represents both the direction of structural transformation in our era and the resilience and evolutionary power of entrepreneurs.
Oasis Capital focuses on early and growth-stage investments, with individual ticket sizes ranging from $3 million to $30 million. The firm concentrates on technology-enabled services in education, healthcare, and enterprise services, supporting China's technology-driven upgrade of new services.
