Softfreak has been selected as a member of the Korea Credit Guarantee Fund's "First Penguin" program, an innovative startup support program. Through this selection, Softfreak will secure up to 2 billion won in guarantee support, which it plans to leverage to accelerate its technology development and global market entry.
"First Penguin" is named after the brave penguins that dive into the ocean first to find food in Antarctica. It is a program that discovers and supports startups that take the lead in uncertain markets and create innovative opportunities. Through this program, the Korea Credit Guarantee Fund provides financial and non-financial support to promising startups, helping them grow into global unicorns.
Softfreak was selected as a First Penguin company in recognition of its innovative technology and future growth potential, based on its API governance platform and various technologies currently under development. Softfreak's F-APIm governance platform helps companies monitor API usage in real-time, detect anomalies, and prevent security threats.
Softfreak is advancing its API security and management technologies to global standards, and with this assurance support, it plans to accelerate its technology development and provide customized solutions for various industries.
CEO Kim Dong-cheol stated, “Being selected as First Penguin will be a great help in the technological development of our API governance platform and our entry into the global market,” and added, “We will secure stable domestic sales while growing into a leading company in the global market.”
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