Feb.3,2023, TalentSec Raised a Tens of Millions Yuan Pre-A Round from Shunwei Capital.
Headquarter: Shanghai, China
Founded: 2020
Sector: BAS/ASM/Cyber Range
Management Team: WANG Haotian(CEO)
Investors: Shunwei Capital
Company Overview
The main products of TalentSec include BAS, ASM, and Cyber Range solutions. At the commercialization level, currently, TalentSec' customers are mainly large and medium-sized enterprises in the financial, government, and energy industries, and pricing model is mainly based on the amount of assets, and by annual subscription fees. TalentSec is also working with some insurance companies to jointly implement cyber insurance pilot trial. After this round of financing, TalentSec will continue R&D and market promotion, and in the near future, it will also focus on the commercialization and implementation of the ASM system.
Financing Commentary
In recent years, cyber security threats domesticly and globally have become normalized, and the country's top-down policy guidance has accelerated the development of the cyber security industry. In the next 3-5 years, the market space of the cyber security industry may reach hundreds of billions of yuan. Shunwei team has long focused on new technologies and opportunities in the digital economy era, and the value of cybersecurity to society and industry is increasingly prominent.
——CHENG Tian, Partner of Shunwei Capital
Solution Overview
The BAS product of TalentSec and the product logics are composed of two parts. Firstly, it is a bottom-up mapping of enterprise network assets, mainly through the industry-recognized ATT&CK and CAPEC standards for attack module segmentation; In addition, the top-level design driven by artificial intelligence enables it to have decision-making capabilities for autonomous threat discovery. Overall, automation is the biggest difference between this type of product and traditional security products such as application vulnerability scanners.