360 Security Enterprise Group, invested by AlphaX Partners, announced that it has completed the B round financing with 900 million yuan. The post-investment valuation reached 20.65 billion yuan. At the end of November 2018, 360 Security Enterprise Group announced the completion of the Pre-B round financing with 1.25 billion yuan. The company's valuation increased by nearly 2 billion yuan after nearly a month from Pre-B round financing. In the past two years, the cumulative financing of 360 Security Enterprise Group has reached 5 billion yuan.
AlphaX Partners is the first institutional investor of 360 Security Enterpirse Group. It participated in 360 Security Enterprise Group’s B round financing, and congratulated Qi Xiangdong, the Founder of 360 Security Enterprise Group, and his team on the new development of 360 Security Enterprise Group.
Chuan Thor, the Founding Partner of AlphaX Partners, served as a director of 360 Security Enterprise Group’s Board. He previously invested in security companies such as Qihoo 360, NETENTSEC, and etc. He has many years of research experience in the field of Internet security and enterprise services. Therefore, he has a deep understanding of industry development. AlphaX Partners has always paid great attention to the field of enterprise-level security services. In the future, it will continue to focus on and keep optimistic about this field. It hopes to explore high-quality entrepreneurial projects in the industry, to help enterprises grow, and contribute more efficient help and service for Internet security.