Computing, Security, Software

Chinese Cloud Security Startup Gains New Investment

Chinese Internet enterprise security start-up Qingteng Cloud Security has gained its first round of investment of CNY60 million from CBC Capital and Redpoint Ventures.

The nascent company is setting a new record of first round financing amount for security start-ups in China.

Zhang Fu, founder of Qingteng, said that the current Internet enterprise security is facing a grim situation. The enterprise security operation and maintenance teams only respond when problems occurs, instead of forming a security ecosystem. Security even becomes the bottleneck for business development in some of those companies.

According to Zhang, the most practical way to respond to external security attacks with internal resources is to provide security teams with smart security products which can release security operations and maintenance staff from emergency responses and allow them to focus on the full-cycle security management.

The adaptive security platform developed by Qingteng can adapt to various infrastructures and business scenarios. At the same time, it can automatically process most enterprise security issues in spite of changes, build a safe mode for enterprise business, analyze internal and external abnormal behaviors, and detect and block unknown hacking activities.

Zhang said Qingteng's adaptive security platform already reached commercial cooperation with enterprises in many sectors, covering Internet finance, medical, and enterprise service.

Prior to this, Qingteng gained CNY6.5 million joint angel investments from ZhenFund, Cloud Angel Fund, and Fenghou Capital.

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