Edge computing platform developer Injoying secures multimillion-yuan seed round

Injoying, a developer of the edge computing platform, has received millions of yuan in seed funding round, led by Qianzhan Investment and joined by Fangxin Capital. The proceeds will be used for the underlying infrastructure of edge computing and the construction of video SaaS.

Injoying, a developer of the edge computing platform, has received millions of yuan in seed funding round, led by Qianzhan Investment and joined by Fangxin Capital. The proceeds will be used for the underlying infrastructure of edge computing and the construction of video SaaS.

Founded in April 2019, Injoying initially completed the infrastructure layer and video SaaS construction in April 2020, and brought the first generation of products to the market, with a focus on achieving video cloud rendering capabilities, implemented in entertainment consumption scenarios such as movies, animation and advertising.

The first generation of the Saas product of the company was launched in April 2020 and has been delivered to more than 40 clients. Users pay according to the required functional modules and hours of useage. The company expects to generate tens of millions of yuan in revenue this year.

In addition, Injoying has entered into a strategic partnership with Kingsoft Cloud and is deploying nodes in several cities across China to enrich the platform’s computing resources.

In the meantime, the company’s video optimization SaaS product based on artificial intelligence technology will be launched by the end of this year.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/24/edge-computing-platform-developer-injoying-secures-multimillion-yuan-seed-round/.

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