Thu. Sep 21st, 2023

S2W Raises Over $10M in Series B Funding

S2W Inc., a Seongnam, South Korea-based cybersecurity company, raised over $10M in Series B funding.

Backers included LB Investment, KDB Development Bank, Magellan Technology Investment, YG Investment, Mirae Asset Venture Investment, Lotte Ventures, and DS Asset Management.

Led by Sangduk Suh, CEO, S2W is a company specializing in cybersecurity data analysis and has global competitiveness in detecting and responding to new cyber threats such as Dark Web and ransomware. S2W has secured major customers in various fields such as finance, telecommunications, manufacturing, and e-commerce, and is contributing to cybersecurity and cybercrime prevention by supplying technology cooperation and data to smart security big data platforms and INTERPOL – The International Criminal Police Organization.

S2W is an official partner of INTERPOL with dark web and cryptocurrency self-analysis technology established in 2018 by KAIST – Korea Advanced Institute of Science & Technology network security researchers.

The company received a total of $3.5M worth of Series A investment in March 2020 and is being evaluated for its high growth by successfully closing Series B in just a year and a half.


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