Bespin Global, leading cloud technology consulting and management company, signed a $75M series-C funding investment contract with SK Telecom, a wireless telecommunications giant in South Korea. Bespin has raised $177M so far, including $14M Series-A and $90M Series-B.
Bespin Global will join forces with SK Telecom to develop a 5G cloud-integrated and multi-hybrid management platform based on its own proprietary cloud management platform, OpsNow.
5G network is a facilitator to cloud technologies and its implementation will support the massive bandwidth required with milliseconds latency, which is also a key enabler for the movement of smart cities, connected cars and edge technologies.
The series-C funding of Bespin Global will add to the development of smart cities in the Middle East. In series-C rounds, investors are required to inject capital into successful businesses, in an effort to acquire more than double the amount back. It focuses on scaling and developing a company, both, rapidly and successfully.
“This investment round serves as an effort towards our vision and focus on the development of cloud technologies. We also want businesses to continue their efforts to set up a complete digital experience to their customers,” says Mouteih Chaghill, CEO of Bespin Global MEA. “The collaboration of Bespin Global with SK Telecom, a network giant similar to du & Etisalat in our region, aims to increase enterprise adoption of Cloud Technologies and bring Bespin Global’s years of experience and OpsNow to new audiences. By joining forces with SK telecom, we strengthen our commitment to provide end-to-end leading technologies.”
Recognized in the Gartner Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide for four consecutive years, Bespin Global has been named a leader in the year 2020. On a mission to expand globally, Bespin Global provides systematic and reliable cloud IT services in Korea, China, UAE & KSA with its 850 global experts and key partnerships in the Pan-Asian & Middle Eastern regions.
Bespin Global supports a wide range of CSPs such as AWS, Microsoft Azure, Google Cloud, Alibaba Cloud, Huawei, and Tencent Cloud.