# Quad Miners

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quad-miners

- Industry: IT Security/Cybersecurity
- Headquarters: Seoul, South Korea
- Website: www.quadminers.com
- Total disclosed funding: $17M
- Latest round: Series B (Oct 26, 2023)
- Investors on record: 9

## About

Based in South Korea, and founded in 2017, Quad Miners operates as a cybersecurity company that offers software-based security solutions for network and cloud-based companies. In October 2023, Quad Miners raised KRW 15 billion in series B funding from CJ Investment, KB Securities, Kiwoom Investment, Quantum Ventures Korea, Shinhan Venture Investment, L&S Venture Capital, and Partners Investment. As of 2023, the company is being led by its CEO Bumjoong (Ven) Park.

Quad Miners' offerings include The Network Blackbox, a network and response platform that identifies and analyses risks to their users' cyber security, ranging from external to internal threats, by collecting all network traffic without loss; A cybersecurity technology called FP-NIDS (full packet-based NIDS), that monitors threats and responds to cyber-attacks in real-time; Cloud Blackbox, a cloud-based network traffic analysis platform; and finally, a security information and event management platform, QUADX that provides security tools such as QUADX Sensor, QUADX Analyzer, QUADX Management, and QUADX Cloud for detecting and responding to cyber threats.

## Funding rounds

- Series B, Oct 26, 2023, $11M — Shinhan Venture Investment, Partners Investment, L&S Venture Capital, CJ Investment, Kiwoom Investment, KB Securities, Quantum Ventures Korea
- Series A, Jun 10, 2022, $6.4M — Partners Investment, L&S Venture Capital, NAU IB Capital, Korea Credit Guarantee Fund

## Investors

- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Series A, Series B
- L&S Venture Capital (https://capitalatlas.ai/funds/l-s-venture-capital) — Series A, Series B
- NAU IB Capital (https://capitalatlas.ai/funds/nau-ib-capital) — Series A
- Korea Credit Guarantee Fund — Series A
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series B
- CJ Investment (https://capitalatlas.ai/funds/cj-investment) — Series B
- Kiwoom Investment (https://capitalatlas.ai/funds/kiwoom-investment) — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B
- Quantum Ventures Korea (https://capitalatlas.ai/funds/quantum-ventures-korea) — Series B