WestSummit Capital Backs Chinese SD-WAN Service Provider Algoblu In Series C+ Round

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Algoblu, a Chinese software-defined wide area network (SD-WAN) service provider, has raised about RMB100 million (US$14.85 million) in a series C+ round of financing from the country’s tech-focused investment firm WestSummit Capital, according to a statement released on Monday.

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