Baicells receives hundreds of millions of yuan in Series C round

Baicells, the world’s leading cloud architecture 4G/5G communication solution company, has recently completed the Series C round of financing. This round of financing is jointly led by Greenland Holdings Group and China Internet Investment Fund, with participation from Golden Brick Capital.

Baicells, the world’s leading cloud architecture 4G/5G communication solution company, has recently completed the Series C round of financing. This round of financing is jointly led by Greenland Holdings Group and China Internet Investment Fund, with participation from Golden Brick Capital.

The total financing scale is hundreds of millions of yuan, which is currently the largest single financing amount in the 5G field in China.

Baicells was founded in 2014 by former Huawei Fellow Sun Lixin, and is committed to cloud technology and open architecture communication solution innovation. The company’s clients cover North America, Asia-Pacific, Southeast Asia, Europe and other regions, and reached strategic cooperation with Intel, Qualcomm, Facebook, Lenovo, won the bid for innovative base station projects of world-renowned network operators, including China Mobile, China Telecom, China Unicom, China Tower, Vodafone, Telefonica, Reliance Jio, among others.

The company is headquartered in Beijing and has nearly 400 employees, of which more than 60% are R&D personnel. The company holds more than 400 patents.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/20/baicells-receives-hundreds-of-millions-of-yuan-in-series-c-round/.

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