SecuLetter Closes US$8 Million Series B Funding Round>
AI Thority
SecuLetter Co., Ltd, a member company of the Born2global Centre, successfully closed US$8 million in Series B funding round â gaining US$2 million from UTC Investment in late February, just three months after attracting US$6 million in November 2019. This brings SecuLetterâs total funding to US$10.02 million. SecuLetterâs valuation is estimated to be US$38 million. The companyâs Series B funding round led Riyadh Valley Company (RVC), a Saudi Arabian venture capital firm, KDB Bank (Korea Development Bank), Korea Investment Partners (KIP), and UTC Investment. SecuLetter Co., Ltd is an information security company that develops and provides products that detect, diagnose, analyze and block malicious code attacks that are difficult to diagnose by signature and behavior-based security solutions using proprietary reverse engineering diagnostic technology.
Link: https://www.aithority.com/hot-startups/seculetter-closes-us8-million-series-b-funding-round/