Round A fundraising exceeded NT$90 million, and the market strongly supports KeyXentic’s technical strength.

KeyXentic Inc., a zero-trust security solutions company, recently announced the completion of its Series A fundraising, successfully raising NT$90 million. This milestone achievement demonstrates the market's confidence in its security technology and paves the way for the company's future growth. The fundraising attracted the participation of several well-known investment institutions, including Chunghwa Investment (a subsidiary of Chunghwa Telecom), Chang Hwa Bank Venture Capital, Hakim Venture Capital, and the company's management team. The funds raised will be used to further promote product development and business expansion to accelerate the company's growth in the security field.

New product features are launched to comprehensively solve the pain points of account and password

At the product launch and partner gala held on November 26, CEO Hong Boyue stated that the product functions demonstrated at the event are already highly complete and can provide a convenient user experience. They cover multi-factor authentication (MFA), biometrics and NFC technology, thoroughly resolving various vulnerabilities in traditional account and password systems, effectively managing and protecting identity verification, preventing account theft, and greatly improving the accuracy of permission management. At the same time, it provides a single sign-on (SSO) function, allowing users to securely access multiple systems with a single account, saying goodbye to the tedious management of multiple passwords. It supports multiple protocols (such as SAML, OAuth, OpenID) to achieve a flexible and secure login experience.

Deeply cultivating the core security market, we expect unlimited opportunities

Guanjian's primary customer base is in the financial industry, government agencies, and the military, sectors that prioritize cybersecurity. This fully demonstrates its market competitiveness and application value, and we anticipate that its products will bring further business opportunities. The CEO emphasized, "This fundraising not only strongly supports the company's future development but also demonstrates investors' confidence in zero-trust cybersecurity solutions. It also enables us to continue innovating in the increasingly competitive cybersecurity market and meet our customers' growing needs."

Entering the international market and aiming to become a global cybersecurity leader

Looking ahead, Guanjian plans to expand its business into the international market, aiming to become a world-renowned cybersecurity identity verification company. By collaborating with global partners, it will strengthen its competitive advantage in the field of zero-trust cybersecurity solutions and gain a foothold in the global market. Since its establishment, the company has been committed to providing secure passwordless identity verification solutions and has obtained FIDO2 certification, ensuring the security and stability of its products across various service platforms.

Overall, Guanjian's successful fundraising not only marks a significant advancement for the company in the cybersecurity field, but also lays a solid foundation for continued innovation and market expansion. For more information about Guanjian and its latest products, please continue to follow its official news and Facebook posts.

Guanjian official website: www.keyxentic.com

Email: [email protected]