ZEGOCLOUD Valuation, Funding & Investors
ZEGOCLOUD is valued at $405M as of November 2020.
Last ZEGOCLOUD valuation
$405M
Series C · Nov 2020
Last ZEGOCLOUD funding round
$102M
Series D · Jan 2022
Cumulative funding ZEGOCLOUD raised
$172M
across 4 funding rounds
Key investors in ZEGOCLOUD
IDG Capital
Qiming Venture Partners
Tencent
About ZEGOCLOUD
ZEGOCLOUD is a provider of real-time communication SDKs for audio, video, and live streaming applications. Developers integrate its APIs into apps for video calls, interactive live broadcasts, and chat features across mobile, web, and metaverse platforms. Founded in 2015 in Guangzhou, China, the company supports over 10 languages and serves sectors like education, gaming, and telemedicine. Its AI-enhanced RTC platform handles low-latency transmission using digital signal processing and network optimization algorithms developed since 2001.
Founded
2015
HQ
SingaporeWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription, Usage-based
Valuation
$405M (Nov 2020)
ZEGOCLOUD Valuation
ZEGOCLOUD is currently valued at $405M, based on its Series C in November 2020.
The $50M round was led by Tencent, with participation from IDG Capital and Qiming Venture Partners.
ZEGOCLOUD valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2020 | Series C | $405M |
ZEGOCLOUD Funding History
ZEGOCLOUD has raised a total of $172M across 4 funding rounds.
ZEGOCLOUD's first fundraising round was a $4M Series A in January 2016. The most recent completed round was a $102M Series D in January 2022.
ZEGOCLOUD funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Series D | - | $102M | - | ZEGOCLOUD, a provider of real-time audio and video cloud services, secured Series C funding led by Tencent and co-led by existing investors IDG and Qiming Venture Partners, as reported around early 2022. The company serves over 200 countries and regions, with more than 1,000 PaaS customers and thousands of SaaS customers including Yingke, Zuoyebang, Weibo, Sinolink Securities, Ping An Technology, 360, and Himalaya. It has built voice and video communication capabilities globally. The funding aims to enhance product and service capacities, improve platform standards, offer diverse products, and address user needs through investments in self-developed engines, MSDN networks, and extended technology lines. ZEGOCLOUD reports 4,000+ corporate clients and 3 billion daily call minutes, highlighting significant scale in usage metrics. CEO Lin Youyao emphasized focusing on customer value, innovating technology and services across more scenarios. |
| Nov 2020 | Series C | Tencent (lead); IDG Capital; Qiming Venture Partners | $50M | $405M | ZEGOCLOUD is a real-time audio and video cloud services platform that provides voice and video communication capabilities for over 200 countries and regions worldwide. The company serves more than 1,000 PaaS customers and thousands of SaaS customers, including major clients such as Yingke, Zuoyebang, Weibo, Sinolink Securities, Ping An Technology, 360, and Himalaya. ZEGOCLOUD has built a proprietary self-developed engine and MSDN network infrastructure to support its services. In its Series C funding round in November 2020, ZEGOCLOUD achieved a post-money valuation of $405 million. The round was led by Tencent and co-led by existing shareholders IDG Capital and Qiming Venture Partners. Following the investment, ZEGOCLOUD stated plans to improve its platform service standards, expand its product and service offerings, and enhance solutions addressing customer needs. The company differentiated itself through personalized, one-on-one VIP support provided 24 hours per week through both online and offline channels. ZEGOCLOUD's focus on continuous technology and product line extension positioned it to compete in the growing real-time communications cloud services market. |
| Jul 2018 | Series B | Qiming Venture Partners (lead) | $16M | - | - |
| Jan 2016 | Series A | IDG Capital (lead) | $4M | - | ZEGOCLOUD (also known as Zego Technology) raised $3.5 million in its Series A funding round on January 7, 2016, led by IDG Capital. The company provides real-time voice and video communication cloud services. IDG Capital participated as the sole investor listed for this round. |
Who has invested in ZEGOCLOUD?
3 investors have backed ZEGOCLOUD across its funding rounds, including IDG Capital, Qiming Venture Partners and Tencent.
Lead investors include Tencent, Qiming Venture Partners and IDG Capital.
ZEGOCLOUD Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Beijing | 2 | Lead | Jan 2016 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialZEGOCLOUD Competitors
ZEGOCLOUD competitors include listed companies like Amdocs, Agora, Streamwide and Pexip, and private ones like LiveKit and MobiTV.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 San Jose, CA | Private | $10M | - | $1B | - | |
| United States | Publicly listed | $4.5B | $922M | $6.3B | 1.5x | |
| China | Publicly listed | $141M | $3M | $343M | 0.6x | |
 France | Publicly listed | $30M | $16M | $273M | 8.2x | |
 Norway | Publicly listed | $118M | $29M | $819M | 5.7x | |
| San Francisco, CA | Private | - | - | $400M | - |
ZEGOCLOUD Public Comps
ZEGOCLOUD is still privately-owned, but its public comps include EVS Broadcast Equipment, Note Inc., Agora, Route Mobile, Beijing Seeyon Internet, Cerillion, Netcall, Text SA, Streamwide and Ooma.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $240M | $66M | 1.6x | 1.4x | 5.7x | 5.6x | |||
| $27M | $2M | 12.4x | 12.6x | 187.1x | 166.2x | |||
| $141M | $3M | 0.7x | 0.6x | 35.2x | 1382.0x | |||
| $460M | $44M | 0.5x | 0.4x | 4.8x | 3.8x | |||
| $135M | ($32M) | 1.8x | 1.8x | (7.5x) | - | |||
| $61M | $31M | 4.3x | 4.2x | 8.5x | 9.7x | |||
| $64M | $11M | 4.1x | 3.3x | 24.8x | 15.5x | |||
| $87M | $41M | 2.9x | 2.9x | 6.3x | 6.0x | |||
This data is available for Pro users. Sign up to see all ZEGOCLOUD competitors and their valuation data. Start Free Trial | ||||||||
Common questions about ZEGOCLOUD
| When was ZEGOCLOUD founded? | ZEGOCLOUD was founded in 2015. |
| Where is ZEGOCLOUD headquartered? | ZEGOCLOUD is headquartered in Singapore, Singapore. |
| Is ZEGOCLOUD publicly listed? | No, ZEGOCLOUD is a private, VC-backed company. |
| What is ZEGOCLOUD's valuation? | ZEGOCLOUD was last valued at $405M in its Series C in November 2020. |
| How much funding has ZEGOCLOUD raised? | ZEGOCLOUD has raised $172M across 4 funding rounds. |
| What was ZEGOCLOUD's last funding round? | ZEGOCLOUD's last funding round was a $102M Series D in January 2022. |
| Who are ZEGOCLOUD's investors? | ZEGOCLOUD's investors include IDG Capital, Qiming Venture Partners and Tencent. |
| Which companies are comparable to ZEGOCLOUD? | Companies comparable to ZEGOCLOUD include LiveKit, Amdocs, Agora, Streamwide, Pexip and MobiTV. |
See companies similar to ZEGOCLOUD
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