Algoblu

About Algoblu

Founded in 2012 by Li Ming, Algoblu, legally known as Beijing Zhaoyu Hongtai Information Technology Co., Ltd., operates as a Network-as-a-Service (NaaS) provider. The company is headquartered in Beijing, China, with a research and development center in Canada and additional offices in Hong Kong and Singapore. Since its inception, Algoblu has secured significant funding, including a Series C round in 2017 and a Series C+ round of approximately $14.85 million in 2019 led by WestSummit Capital. The firm's core mission is to virtualize network resources to enhance flexibility and scalability for its clients.

Algoblu's business model revolves around providing virtual network infrastructure and services based on Software-Defined Networking (SDN) and Network Function Virtualization (NFV) technologies. The company serves a diverse client base that includes enterprises in finance, retail, e-commerce, gaming, and manufacturing, as well as telecom operators. Revenue is generated by offering these clients network services that provide low-cost, high-performance access to the internet, private networks, and cloud applications. By leveraging technologies like SDN, Algoblu aims to deliver network services that are more cost-effective and efficient than traditional networking solutions.

The company's flagship offering is its Network Element Virtualization (NEV) platform, a proprietary technology designed to abstract and virtualize underlying network resources. This platform enables the creation of multiple virtual private lines from a single fiber port, each with isolated resources and guaranteed Service Level Agreements (SLAs). Key products built on the NEV platform include NEV Elastic Private Line (EPL) for point-to-point connections, NEV Elastic Private Network (EPN) for multi-branch networking, and NEV App Broadband for high-quality consumer connections for gaming and streaming. Algoblu also provides a Secure Access Service Edge (SASE) platform, integrating wide-area networking with cloud-native security functions to offer unified connectivity and protection. This approach allows for the delivery of tiered, application-aware network services, including VPN-as-a-Service and direct, high-performance cloud connectivity to platforms like AWS and Azure.