MegazoneCloud Raises Series C+ Funding from Neowiz Partners

MegazoneCloud Secures Series C+ Investment

South Korean AI and cloud-native company MegazoneCloud (메가존클라우드) has raised a Series C+ funding round, with Neowiz Partners as the lead investor. The funding amount was not disclosed. The round was announced on September 1, 2026.

Company Background

MegazoneCloud is the largest cloud managed service provider (MSP) in South Korea, employing roughly 2,000 AI and cloud professionals. The company acts as an enterprise AI orchestrator, supporting AI transformation (AX) and business innovation for more than 8,000 customers in Korea and abroad. Its services range from cloud managed services to AI model and agent development and operations.

Recent Milestones

The company turned its first annual operating profit in 2025 and is preparing for a KOSPI listing under CEO Yeom Dong-hoon (염동훈). This new funding is expected to further support its growth and expansion efforts.

Investor

Neowiz Partners, the lead investor in this round, has not disclosed additional details about the investment. MegazoneCloud's existing investors were not mentioned in this announcement.

Outlook

With this new capital, MegazoneCloud aims to strengthen its position in the AI and cloud services market, continuing to support enterprises in their digital transformation journeys. The company's focus on AI orchestration and its strong customer base position it well for future growth.