Yelink secures double-digit-million-yuan angle round financing

Yelink, a 5G IoT security overall solution provider has received millions in an angel financing round. The investors are Sany Venture Capital and Huajiu Guorui. The proceeds will be used for market expansion and technological R&D.

Yelink, a 5G IoT security overall solution provider has received millions in an angel financing round. The investors are Sany Venture Capital and Huajiu Guorui. The proceeds will be used for market expansion and technological R&D.

Established in 2018, Yelink provides IoT smart terminals with embedded security capabilities, industrial-level edge computing gateways, million-level IoT platform, and IoT security situational awareness platform to form a terminal-to-terminal security solution for the entire industry chain.

The company’s targeted sectors are mainly energy, transportation, medical, chemical and other infrastructure industries, as well as in important areas of people’s livelihood such as smart cities.

Ye Sihai, Yelink’s CEO, said that the company is not a network security service provider, but an IoT security solution provider focusing on creating secure products.

It insists on independent and controllable security and credibility, and embeds secure products into business systems, to avoid the problem that security cannot be perceived as a quality attribute and decision-making is difficult.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/yelink-secures-double-digit-million-yuan-angle-round-financing/.

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