P
PPIO
Distributed cloud computing company that provides decentralized distributed cloud services
About PPIO
PPIO, also known as PAIY Cloud, was founded in Shanghai in 2018 by Yao Xin and Wang Wenyu. This venture marks the second major entrepreneurial collaboration for the pair, who were pivotal figures behind the video streaming platform PPTV. Yao, the founder of PPTV, and Wang, its former chief architect, are leveraging their extensive experience in peer-to-peer networking and large-scale system architecture for their new enterprise. Their journey with PPTV, which they started in a university dorm and grew into a platform serving 450 million users before its acquisition, provided them with deep insights into data distribution and network efficiency. This background directly informs PPIO's mission to build a next-generation digital infrastructure based on distributed cloud technology.
The company operates as a distributed cloud service provider, focusing on what it terms "fog services" to position computing power closer to end-users, thereby reducing latency and bandwidth constraints. Its business model is built on a shared-economy approach, aggregating underutilized server resources from a wide network of partners, including internet cafes during off-peak hours, to create a vast, decentralized cloud network. This strategy enables PPIO to offer high-performance computing services at a competitive cost. The company's revenue is generated by providing these distributed cloud services to a range of clients, from internet giants to startups, particularly in sectors that are sensitive to latency, such as AI, audio/video streaming, and the metaverse.
PPIO's service portfolio is centered around edge computing and AI cloud services. Key offerings include an Edge Content Delivery Network (edge CDN) for efficient file downloads, video on demand, and live streaming. Since 2023, the company has expanded into AI cloud computing services, utilizing distributed GPU resources to support AI model inference and other intensive tasks. One of its notable products is the 'Agent Sandbox,' which provides a secure, isolated environment for running AI agents with high concurrency and low startup times. This distributed architecture, covering over 1,200 counties and cities with more than 4,000 computing nodes as of late 2024, allows clients to access reliable and secure edge computing services without the need for heavy upfront investment in their own infrastructure.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | May 2025 | — | — | Hong Kong Investment Corporation | ↗ |
| SERIES AOther financing | May 2022 | $34M | $138M | Pan-Lin Asset Management · China Creation Ventures CCV · Huaye Tiancheng · IMO Ventures | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for PPIO is 37K monthly website visits, down 54.3% over the last three months. PPIO's team grew 8.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
- IVIMO Ventures
Challenjers
BlueRun Ventures
UpHonest Capital
Hua PartnersAlphaX Partners
- IVIvision Ventures
Series A8 investors entered at this stage
China Creation Ventures CCV- ZIZhangjiang Science and Technology Investment
Pan-Lin Asset Management- HTHuaye Tiancheng
- ZCZhangjiang Science & Technology Investment Corporation
- BCBoiling Venture Capital
- LCLanchi Venture Capital
Hong Kong Investment Corporation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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