At the end of November 2018, 360 Enterprise Security announced the completion of the $1.25 billion Pre-B round of financing. More than a month after the Pre-B round of financing, the company’s valuation increased by nearly 2 billion yuan. In the past two years, the accumulated financing of 360 enterprises has reached 5 billion yuan.
AlphaX Partners is the first institutional investor of 360 Enterprise Security Group and participated in it’s a round of financing. AlphaX Partners congratulated Mr. Qi and the team of 360 Enterprise Safety founder on the company’s new progress. 360 Enterprise Security Group focuses on providing a new generation of network security products and services for governments and enterprises. Based on leading internet technology capabilities, big data technology capabilities, and offensive and defensive technical capabilities, it builds a model based on data-driven security for AI. The new network security defense system in the era of big data and the internet of everything serves a full range of ministries, large central enterprises, large banks, and enterprise users.
The global digital transformation and the development of the digital economy have promoted new technologies, which has led to the transformation of big data-based information. Unfortunately, this has also dramatically amplified network security risks and increased network security challenges. As network security threats become more severe and frequent in this age, so has a golden opportunity arisen for AlphaX Partners.
Chuan Thor, the founding partner of AlphaX Partners, served as a director of 360 Corporate Security Board. He previously invested in security companies such as Qihoo 360 and Netcom Technology. He has many years of research in the field of internet security and enterprise services, and has a deep understanding of industry development. AlphaX Partners has always paid great attention to the field of enterprise-level security services by continuing to monitor the newest developments in this field. By exploring high-quality entrepreneurial projects in the industry, the internet security industry as a whole should limit risks and provide those with solutions with solid financial returns.