Network security startup Hufu Network closes multimillion-yuan angel round

The network security startup Hufu Network has completed nearly 10 million yuan in its angel round of financing, led by InCapital. Proceeds from this round of funding will be used for research and development, continued product polishing and new product expansion.

Cybersecurity startup Hufu Network, or Tiger-Sec, has completed nearly 10 million yuan in its angel round of financing, led by InCapital.

Proceeds from this round of funding will be used for research and development, continued product polishing and new product expansion.

Founded in 2019, Hufu Network is a network security company.

Based on the concept of zero-trust security, the company proposes the concept of “identity network”, which means that before accessing enterprise application services, users must first be validated by the so-called Tiger Shield access security system (multi-factor authentication, trusted device authentication or biometric authentication, etc.) before continuing access, otherwise the access request will be denied.

The company’s products are currently in the continuous improving stage, with various projects in the POC stage. Potential clients include government-owned enterprises, internet companies, and companies in the traditional energy industry, among others.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/29/network-security-startup-hufu-network-closes-multimillion-yuan-angel-round/.

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