# Security Platform

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/security-platform

- Industry: IT Security/Cybersecurity
- Headquarters: Seoul, South Korea
- Website: www.securityplatform.co.kr
- Total disclosed funding: $4.5M
- Latest round: Series B (Mar 4, 2024)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2015, Security Platform Inc., a.k.a. Security Platform operates as an IT security company that focuses on providing hardware-based security solutions that protect IoT devices from security threats. The company leverages semiconductor-based root of trust and trusted execution environment (TEE) technologies to deliver security solutions. In March 2024, Security Platform Inc. raised KRW 6 billion in a Series B funding from Vine Ventures, Pearl Abyss Capital, and Korea Investment & Securities.



The company offers an integrated security platform that simplifies the implementation of robust security features across hardware, systems, communications, and management. Security Platform’s key products include Axio-Boot, which offers essential device security functions like secure boot and secure storage, and Axio-Crypto, a cryptographic algorithm for embedded systems. Axio-TLS/VPN provides secure communications, while AxioManager oversees device lifecycle security management.

The company plans to use its proceeds from March 2024 funding to expand its reach through promotions.

## Funding rounds

- Series B, Mar 4, 2024, $4.5M — Korea Investment & Securities, Pearl Abyss Capital, Vine Ventures

## Investors

- Korea Investment & Securities (https://capitalatlas.ai/funds/korea-investment-securities) — Series B
- Pearl Abyss Capital (https://capitalatlas.ai/funds/pearl-abyss-capital) — Series B
- Vine Ventures — Series B