# EYL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eyl

- Industry: Semiconductors
- Headquarters: South Korea
- Website: www.eylpartners.com
- Total disclosed funding: $3M
- Latest round: Series A (Aug 24, 2020)
- Investors on record: 2

## About

EYL Inc., based in South Korea, specializes in advanced cybersecurity solutions, offering products that leverage quantum physics for secure data and device protection across various sectors.Founded in 2015, EYL Inc. provides innovative cybersecurity solutions, focusing on high-level security requirements. The company has raised a total of KRW 8 billion, primarily from investors including Hyundai Investment Partners and Shinhan Venture Investment. EYL has conducted 2 deals in its history, with the most recent funding round occurring on May 19, 2025, aimed at enhancing its technology and global expansion. The founder, Francis Baik, has a history of entrepreneurship but specific previous ventures are not documented.EYL, Inc. specializes in advanced cybersecurity solutions, particularly through its flagship products, the QUANTUM™ Random Number Generator (QRNG) and the QUANTUM Entropy Chip (QEC). These products leverage quantum physics to generate true random numbers essential for securing data and devices in various applications, including Internet of Things (IoT) security, encryption systems, and authentication processes. The QRNG product family supports speeds of up to 4 Gbps and is available in multiple formats, including USB and PCI card, making it adaptable for integration into a wide range of consumer and industrial products. EYL's technology targets sectors requiring high-level security, such as automotive, healthcare, telecommunications, and financial services, addressing critical vulnerabilities posed by potential quantum threats. The company's solutions are designed to enhance the security of connected devices and ensure the integrity of sensitive data across multiple geographical markets, including North America, Europe, and Asia.EYL, Inc. generates revenue primarily through direct sales and partnerships with businesses in need of robust cybersecurity solutions. The company operates on a B2B model, engaging in transactions that involve licensing its technology to clients, which may include OEMs (original equipment manufacturers) and large enterprises across various industries. The revenue structure is supported by either one-time payments for product purchases or ongoing subscription models for continuous support and updates. EYL's business transactions typically involve detailed contracts specifying the terms of service, pricing plans, and deliverables associated with its core products, particularly the QUANTUM™ offerings. Through strategic collaborations and a focus on enterprise-level clients, EYL positions itself to capitalize on the growing demand for advanced security solutions in an increasingly interconnected world.In May 2025, EYL Inc. raised KRW 8 billion in venture funding from new investors including Shinhan Venture Investment, Hyundai Investment Partners, UbiQuoss Investment, and WOORIRO. The company intends to utilize this funding to enhance its technology further and pursue global expansion, targeting new markets and geographic regions as it develops additional products. Specific upcoming products and release dates have not been disclosed.

## Funding rounds

- Series A, Aug 24, 2020, $3M — Union Investment Partners, K-Growth

## Investors

- Union Investment Partners (https://capitalatlas.ai/funds/union-investment-partners) — Series A
- K-Growth (https://capitalatlas.ai/funds/k-growth) — Series A