On July 22, Cloudwise, a full-stack intelligent business operation and maintenance solution provider, announced the completion of Series E financing of '50 million led by Sequoia, once again setting the highest financing record in the domestic intelligent operation and maintenance industry. The capital investment will help Cloudwise further accelerate the improvement of AI, big data technology and application-driven intelligent operation and maintenance platform and strengthen the system construction of cooperation ecology and service network. In fact, V Fund inspected Cloudwise's independent innovation capability and investment value as early as 2020, and participated in the completion of Cloudwise Series D financing to help the company become specialized, refined, bigger and stronger.

           Cloudwise          

Since the concept of "Intelligent Business Operation and Maintenance" was first introduced in the industry in 2016, Cloudwise has been practicing the application of AIOps in a "data-based, scenario-oriented and algorithm-supported" way.  Its intelligent operation and maintenance solutions take the lead in achieving the three advantages of "full stack", " all scenarios" and " industry-wide", comprehensively helping customers in the new era of IT strategy and digital transformation. To deeply empower applications in various industries, Cloudwise has built a product matrix that runs through the digital system from IT consulting, operation and maintenance construction, tools and services, forming a solution for the whole lifecycle of operation and maintenance. The products cover ITOM, ITOA, ITSM and many other systems. Cloudwise can provide 178 real application scenarios for more than 20 industries to meet customer needs. At present, Cloudwise is the only company in China that can provide full-stack intelligent operation and maintenance services. According to a report by MarketsandMarkets, the global Artificial Intelligence for IT Operations’ (AIOps’) market is expected to reach '1.02 billion by 2023, growing at a CAGR of 34%. Both in the world and in China, where the growth of digital economy is leading, intelligent operation and maintenance, as a new blue ocean with great potential, is ushering in an excellent development opportunity. With many successful commercialization cases, in-depth technology accumulation, diversified products and perfect services, Cloudwise has achieved rapid development in business growth, team size, market coverage and other solutions. In the fields of finance, government, energy, operators, transportation, manufacturing, education, etc., Cloudwise has cooperated with hundreds of top 3000 customers in China, helping customers to rapidly improve the productivity, operation and maintenance management and operation comprehensive ability of IT departments, effectively guaranteeing business health and continuity. In addition, Cloudwise established the first "Intelligent Research Institute" in the domestic intelligent operation and maintenance industry, and actively cooperated with Tsinghua University School of Software and the Institute of Software of Chinese Academy of Sciences to carry out industry-academia-research cooperation, using advanced artificial intelligence algorithms to solve complex problems in the field of operation and maintenance. Meanwhile, R&D centers in Beijing, Zhengzhou, Shanghai, Guangzhou and Chengdu have been opened and put into operation one after another, marking the further improvement of Cloudwise's innovation capabilities in algorithm engineering, product R&D, project development and localized service delivery level. In the future, the company will further increase the innovation of technology and products, accelerate the practice of intelligent operation and maintenance on the ground, to continue to empower the digital transformation.