RootCloud

RootCloud

Providing cloud services based on IIoT and big data for enterprises in various industries. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD680m—1.0b (Dealroom.co estimates Dec 2020.)
Guangzhou Guangdong (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues4.5m4.5m8.4m42.5m42.5m
% growth--86 %407 %-
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DateInvestorsAmountRound
N/A

N/A

Series A

CNY500m

Series B

CNY800m

Series C
Total FundingAUD276m

Recent News about RootCloud

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ROOTCLOUD is a leading provider of Industrial Internet of Things (IIoT) platforms, offering comprehensive solutions to enhance efficiency, reduce costs, and streamline operations. The company serves a diverse range of clients across 81 vertical industries, including construction machinery and logistics. ROOTCLOUD's business model revolves around providing end-to-end hardware and SaaS (Software as a Service) solutions tailored to the specific needs of each industry. By leveraging its extensive experience and reputation as a reliable solution provider, ROOTCLOUD has successfully executed complex and large-scale operations worldwide. The company generates revenue through the sale of its IIoT platforms and associated services, which help clients manage operations, improve service quality, and reduce energy consumption.

Keywords: IIoT, efficiency, cost reduction, operations, construction machinery, logistics, SaaS, hardware solutions, vertical industries, energy consumption.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.