Industrials Sep 30, 2021 09:38 AM (GMT+8) · EqualOcean
On September 30, China's zero trust security leader and innovative enterprise Shupeng technology announced the completion of a $50 million B + round of financing. This round of financing is led by Tiger Global Fund, and the old shareholders Jingwei venture capital, jeneration capital, Hillhouse venture capital and Jinshajiang venture capital continue to increase their weight and follow the investment. Index capital acts as the exclusive financial adviser. Adhering to the concept of "security is infrastructure", Shupeng technology helps customers realize end-to-end zero trust security infrastructure upgrading, and solves problems from replacing traditional VPN, business system stealth and reducing attack exposure, to Environmental Trust and data security of terminal equipment and cloud computing nodes, as well as high-speed secure connection across the cloud. Based on the advantages of high product standardization, low deployment cost, good user experience and platform level product attributes, digital awning technology has become the preferred partner for the upgrading of zero trust security architecture for customers in many industries such as finance, high-end manufacturing, Internet and professional services. "The concept of zero trust is based on the assumption that threats exist everywhere and expect to achieve the goal of reasonable authorization for the right people. This concept is increasingly recognized and accepted, and will also be a general principle to be followed in enterprise security development and system design," said Liu Chao, co-founder and CEO of digital tent technology, "We believe that zero trust will be an important trend of future security development. After this round of financing, we will continue to increase R & D investment and product innovation, promote market expansion and customer service ability, better serve customers, meet growing customer needs, and further consolidate our leading position in the industry