China ICS/OT security startup WangTeng Tech has completed a strategic financing of nearly 100 million yuan.
ICS/OT Security
Feb.19, 2024, WangTeng Tech, a leading industrial Internet + security company in China, successfully completed a new round of nearly 100 million yuan in strategic financing. This round of financing was jointly invested by Inspur Group and Ao Cheng Fund.
The completion of this round of financing not only demonstrates the increasing attention of the market to the field of industrial Internet + security, but also reflects the high recognition of WangTeng Tech by investors, providing solid support for WangTeng Tech to further achieve high-quality development.
Zhao Xiyu, CEO of WangTeng Tech, stated that the successful completion of this strategic financing fully demonstrates the capital market's full affirmation of WangTeng Tech's development strategy, business model, and future prospects. The success of this round of financing will further enhance the company's capital strength and help the company achieve greater breakthroughs in product research and development, market expansion, team building, and strategic layout. Looking ahead, WangTeng Tech will bravely move forward towards new development goals with a broader vision and higher standards through close cooperation with Inspur Group, creating brilliance together!
Inspur Group stated that WangTeng Tech is an outstanding representative in the field of industrial Internet + security in China, always adhering to the spirit of technological innovation and making positive contributions to the cause of industrial Internet security in China. We are confident in its development prospects and look forward to working hand in hand with WangTeng Tech to make greater contributions to the independent innovation of China's industrial Internet + security.
Ao Cheng Fund stated that WangTeng Tech has obvious advantages in technology research and development, its core team has rich industry experience and professional knowledge, and the company has built a complete and mature product system, and has successful practices in many leading domestic industries. We believe that WangTeng Tech will achieve greater success in the future. We will fully support the development of WangTeng Tech and jointly realize their vision.