Convergence security specialist Kuntec (CEO Bang Hyuk-jun) announced on the 20th that it has secured Series A investment. Hyosung Ventures, NH Venture Investment, and NH Investment & Securities jointly participated in this round.
Investors evaluated Kuntec as possessing high business potential based on its technological prowess and stable growth in the field of convergence security in the global security market, which is expanding beyond IT into various industries such as automobiles, energy, ships, and defense.
Kuntek has secured technological competitiveness in areas such as software supply chain security, OT (operational technology) and embedded security, and virtualization security verification. It is the only company in Korea to possess Level 4 virtualization technology. Furthermore, its accumulated supply chain security technology is being applied across key industries, including finance, automobiles, shipping, and nuclear power, expanding its business scope.
Recently, legislation has been gaining momentum in the global market, including mandatory submission of Software Bill of Materials (SBOM) and the introduction of industry-specific cybersecurity regulations. Consequently, the competitiveness of Kuntek's solutions is expected to further strengthen.
Since its founding, Kuntek has consistently grown its sales and operating profit without external investment. Recently, it has established a recurring revenue model centered on its own security solutions, enabling predictable growth.
Key products include the supply chain security solution 'AEZIZ', the virtualization verification solution 'FastVLabs', and the XDR-based security platform 'TeraGRID', and these solutions are being commercialized in key fields such as finance, automobiles, energy, ships, aviation, and defense industries.
Kuntek CEO Bang Hyuk-jun said, “This investment demonstrates the market’s trust in our technological prowess, sustainable growth potential, and global expansion potential in the field of convergence security.” He added, “We will continue to develop innovative products centered on our customers and establish ourselves as a trusted security partner across industries.”
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