Xunlei

company

About

Xunlei Limited is a global innovator in shared computing and blockchain technology.

Details

Last Funding Type
Series B
Last Funding Money Raised
$10M
Industries
Blockchain,Cloud Computing,Information Technology,Software
Founded date
Jan 1, 2003
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
nasdaq:XNET
Legal Name
Shenzhen Xunlei Networking Technologies, Co., Ltd.
Also Known As
Xunlei Networking Technology,深圳市迅雷网络技术有限公司,迅雷,Xunlei

Founded in 2003, Xunlei Limited (NASDAQ: XNET) is a global leading innovator in shared computing and blockchain technology. Started more than a decade ago with its patented P2SP technologies for downloading acceleration, including Individual and corporate users are benefiting from multiple products of Xunlei, which include digital entertainment, cloud acceleration, cloud storage and cloud computing products. With its technological competence in delivering smart, efficient and safe internet experience, Xunlei is ever expanding its customer base. Xunlei is making giant strides and emerging as a technology leader in the world blockchain application. Venturing modestly into the world of blockchain technology in 2005 in China, in a short span of over a decade, it stands out in global blockchain technology space. By offering a portfolio of multiple products and services, Xunlei delivers an efficient, smart and safe Internet experience for its users worldwide. In 2015, Xunlei started to expand into the blockchain sector and launched China’s most popular and widely-used blockchain-based applications, becoming a leader in blockchain technology in the world.

As China’s largest data transmission service provider, Xunlei creates a leading cloud-based acceleration product matrix architecture in downloading acceleration, network acceleration and uploading acceleration, offering consumer-level products and services including Xunlei Download Manager, Xunlei Live Streaming, Xunlei Media Player, Xunlei Game Accelerator etc. Built upon the technology innovation, Xunlei has leveraged its resources and technological strengths to enable smart optimization of content delivery acceleration and deliver great user experience.

Also, as one of the pioneers in cloud computing and blockchain, Xunlei released shared computing-based products in April 2015. A mega-node shared computing network built upon Xunlei’s Minecrafter and OneThing Cloud is now in place. Leveraging its strengths in innovative technologies, big data and computing resources, Xunlei’s shared computing platform StellarCloud, provides numerous corporate customers and partners with leading advanced technological services, and successfully leads the industry’s technical progress and service upgrade. Xunlei has also launched ThunderChain, a high-performance blockchain infrastructure capable of handling millions of transactions per second (TPS) with confirmation capability in seconds, which dramatically improves the overall performance standards of the blockchain technology.

Xunlei is committed to technological innovations and enhancing the users’ experience in digital age via its products and services. Xunlei will continue to explore the future of Internet through its strengths in shared computing and blockchain technology.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$508.10M
Xunlei has raised a total of $508.10M in funding over 2 rounds. Their latest funding was raised on Jul 3, 2014 from a IPO round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 3, 2014 IPO $87.70M Detail
Apr 23, 2014 Series E 1 Detail
Apr 6, 2014 Series F $310M 4 Xiaomi Detail
Mar 1, 2012 Series E $50M 1 Primavera Capital Group Detail
Apr 1, 2011 Series D $29.40M 1 Rupert Murdoch Detail

Investments

Number of Investments
Number of Lead Investments
12
3
Xunlei has made 12 investments. Their most recent investment was on Dec 23, 2021, when Bikan raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 23, 2021 Bikan
Series C Apps
Mar 19, 2019 Insta360
Series C $30M Consumer Electronics
Jun 1, 2017 CHAINEDBOX
Series A ¥15M Cloud Storage
Jul 1, 2016 CHAINEDBOX
Angel ¥5M Cloud Storage
Apr 1, 2016 Insta360
Series B Consumer Electronics

Investors

Number of Lead Investors
Number of Investors
4
10
Xunlei is funded by 10 investors. Xiaomi and Primavera Capital Group are the most recent investors.
Investor Name Lead Investor Funding Round
Xiaomi Yes Series F
Primavera Capital Group Yes Series E
Rupert Murdoch Yes Series D
5Y Capital Series E
IDG Capital Series F
Kingsoft Series F
Morningside Group Series F
Ceyuan Ventures Series C
Google Series C
Morningside Venture Partners Series B

Employee Profiles

Number of Employee Profiles
5
Xunlei has 5 current employee profiles, including Board member Quan Zhou
Board member
Executive
Executive
Executive
Executive

Exits

Xunlei has had 1 exits. Xunlei most notable exits include YueChuan Game

Date Company Name Exit Type Industry
Nov 7, 2017 YueChuan Game IPO Media and Entertainment Detail