Root Cloud
PrivateLast Round
Series C
Dec 17, 2020
Est. Valuation
$1B
Total Funding Raised
$194.2M
Company Overview
Root Cloud operates in Frontier & Industrial Tech and is based in Guangzhou, Guangdong. Its latest recorded funding round was a Series C round in December 2020.
Root Cloud (also known as 树根互联) is a provider of an Industrial Internet of Things (IIoT) platform that delivers big data and IoT services globally. The company, incubated by SANY Group, offers an IIoT operating system called the ROOTCLOUD Platform, which provides end-to-end hardware and Software-as-a-Service (SaaS) solutions. These solutions are designed to help industrial enterprises with digital transformation by enhancing efficiency, reducing costs, and streamlining operations across various sectors like manufacturing, construction machinery, and logistics. The platform supports device connection, data intelligence, and industrial applications, and has been recognized by Gartner as a significant player in the IIoT space. The company serves thousands of clients across dozens of industries in over 45 countries.
Sector
Frontier & Industrial Tech
Verticals
Smart Manufacturing, Platform-as-a-Service, Edge Computing, IoT Hardware
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting, Government Contracts, Hardware + Subscription, Usage-Based SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Root Cloud Comparables
Compare Root Cloud with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| XCMG Construction Machinery Co Ltd | 80% | |
| Braincube | 79% | |
| IBM | 76% |
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Root Cloud Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Dec 17, 2020 | ||||
| Series B | Jun 17, 2019 | ||||
| Series A | Dec 1, 2017 |
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Root Cloud Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Matrix | Series B, Series A |
| IDG Capital | Series C |
| Haitong Bank | Series C |
| Hejun Capital | Series B |
| Chord Capital | Series B |
| MPC | Series B |
| Tianya Capital | Series C |
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Root Cloud Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Frequently Asked Questions
Common questions about Root Cloud's valuation, stock price, and market status.
Is Root Cloud a public or private company?
Root Cloud is a private company.
What is the current stock price of Root Cloud?
Root Cloud is a private company, so its shares have no public market price. Caplight tracks Root Cloud's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Root Cloud worth (valuation)?
Root Cloud's valuation is estimated at $1.0B based on funding round data.
Can I buy Root Cloud stock?
Root Cloud shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Root Cloud's last funding round?
Root Cloud's most recent funding round was Series C on December 17, 2020.
Who are the main investors in Root Cloud?
Key investors in Root Cloud include Matrix, IDG Capital, Hejun Capital, Chord Capital, MPC.
Will Root Cloud IPO soon?
No public IPO plans have been announced for Root Cloud.
How can I track Root Cloud secondary market activity?
Caplight tracks bids, offers, and trades in Root Cloud's shares on secondary markets.