SkyGuard Raises USD14 Million to Develop Data Security Technology

January 13, 2020 5:57 pm

Beijing (PingWest)- China’s cybersecurity provider Beijing SkyGuard Network Technologies has raised more than CNY100 million in its series B+ funding round from investors led by state-owned Beijing Yizhuang Investment Holding, China Aerospace Science and Industry Corporation Fund.

SkyGuard will use fresh capital to promote the research and development of AI, Cloud, and mobile devices.

The company’s main product SecGator offers artificial intelligence (AI)-based enterprise data protection solutions to clients in government departments, finance, energy, internet and energy sectors.