Indonesia: IDCloudHost, an Indonesia-based cloud service provider, has secured US$5 million in funding from Bukalapak’s co-founder and CEO Achmad Zaky’s investment firm Init 6, TechinAsia has reported.
The startup intends to utilize the fresh funds to improve its technology offerings and expand its team.
Launched in 2015 by Alfian Pamungkas Sakawiguna and Muhammad Mufid Luthfi, IDCloudHost provides cloud-based services, including domain handling and server creation for customers ranging from startups and small businesses to individual developers.
The company claims it has served over 100,000 customers and counts companies including the national telco Telkom Indonesia and Mandiri Capital (the corporate venture arm of Bank Mandiri) among its clients.
Luthfi, IDCloudHost’s chief marketing officer, noted the pandemic has accelerated digital transformation across several sectors. “The ever-growing digital ecosystem is an opportunity as well as a challenge for us to produce innovative products tailored to the needs of the growing market.”